Washington Arizona
425.644.1031 425.649.1031 602.750.1814
800.320.1031 info@1031eci.com al@1031eci.com

What Can You Save?

Enter values for the fields in blue to determine what you can save.
Selling Price   Contact price of relinquished property
    Selling Costs - If unknown then estimate at 8.5% for property in WA (commision + tax + fees)
Net Selling Price = 1st part of Capital Gain calculation
Purchase Price   Original purchase price of property
    Capital Improvements + Value of improvements (not expensed) added to basis
    Total Depreciation - (If depreciable property; not applicable to raw land) (A)
Adjusted Cost Basis = 2nd part of Capital Gain calculation
Net Selling Price   (Input from above figure)
Adjusted Cost Basis - (Input from above figure)
Capital Gain = Total of taxable gain (B)
Depreciation Recaputure   Multiple (A) by 0.25 for the 25% recapture rate
Appreciation Portion + Subtract (B) - (A) and multiply the remained by 0.15 for the 15% capital gains tax
Total Estimated Tax Bill = Taxes due without doing an exchange