1031 exchange calculator
See what the replacement property has to be, and any boot.
Taxable gain
$14,000Rough tax $2,800 · $250,000 still deferred
- Net equity to reinvest$314,000
- Replacement price needed to defer it allat least $564,000
- New loan neededat least $250,000, or add the difference in cash
- Largest new loan with no cash boot$386,000
- Cash boot$14,000
- Mortgage boot$0
- Total boot$14,000
- Gain on the sale$264,000
- Deferred gain$250,000
- Taxable gain$14,000
- Rough tax at 20%$2,800
- Rough tax without an exchange$52,800
45 days to identify replacements, 180 days to close. A qualified intermediary has to hold the money. Estimate, not tax advice.
Your name, photo and phone number go on it.
Questions
What are the deadlines?+
Generally 45 days to identify replacements and 180 days to close. Work with a qualified intermediary.