Free Capital Gains & Depreciation Tax Calculator
Our free capital gains tax calculator takes into account any applicable deductions, such as real estate agent fees, closing costs, and other expenses related to the sale of the property. Estimate your savings with a 1031 exchange!
Forward 1031 Exchange Timeline
on day 0
sell property
before day 45
identify property
before day 180
purchase property
Learn About 1031s
1031 exchanges can be confusing for an investor, we’re changing that.
Find free, trustworthy information on our website, or talk to a 1031 expert now for free!
Capital Gains Tax Calculator
What is Capital Gains Tax in Real Estate?
Real estate capital gains tax is calculated by subtracting the asset's original cost and any improvements from the sale price. The federal tax rate ranges from 0% to 20% based on income bracket.
What is Depreciation Recapture Tax?
Depreciation is a rental property tax deduction that reduces taxable income. But when sold, a portion must be "recaptured" and taxed at 25% as ordinary income, known as depreciation recapture tax.
How much is state capital gains tax?
State tax rates can vary widely depending on the state you're in. You can find the state capital gains tax rate by checking with your state's department of revenue or tax website.
Calculate your Tax Liability and Determine if a 1031 Exchange is Right for You
-
To get started, simply enter key details about your investment property in our capital gains calculator. This includes the purchase price, selling price, holding period, and any capital improvements you made to the property during your ownership. Accurately entering this data is essential to getting a precise calculation of your capital gains tax liability & ensuring that the amounts the calculator returns are correct.
-
Once you enter your investment property details, our capital gains calculator will automatically calculate your capital gains. This calculation is the difference between the sale price and the adjusted cost basis, which includes the original purchase price plus any capital improvements you made to the property. Our calculator makes this calculation quickly and accurately, ensuring you have an accurate idea of your tax liability.
-
Our capital gains calculator for investment property is designed to use the latest tax rates set by the IRS. This means that you can easily estimate your tax liability without having to research complex tax rules and regulations. Our calculator also takes into account any applicable deductions, such as real estate agent fees, closing costs, and other expenses related to the sale of the property.
-
While our capital gains calculator for investment property provides accurate and reliable calculations, it's always wise to seek additional guidance from qualified professionals. A CPA or tax attorney can provide personalized advice based on your specific situation, which can help you avoid costly mistakes and save you time and money in the long run.
-
By using a capital gains and depreciation tax calculator, you can make informed decisions about your property investments and minimize your tax liability. This tool can help you make informed decisions about when to sell a property & determine the impact of a 1031 exchange on your tax liability. See also the total amount you can defer by utilizing a 1031 exchange.
-
When using a 1031 exchange calculator, it's important to take QI fees into account in order to accurately estimate the tax deferral benefits of the exchange. Our calculator takes QI fees into account when estimating the tax liability of both capital gains and depreciation recapture taxes, providing you with a clear picture of the net tax deferral you can expect from a 1031 exchange.
Our Capital Gain Tax Calculator Helps!
As a Qualified Intermediary (QI), we want to help you make the most of your investments while minimizing your tax liability. Here are some important points to keep in mind:
A 1031 exchange can help defer your capital gains taxes:
If you're looking to sell an investment property and reinvest the proceeds into another like-kind property, a 1031 exchange can help you defer your capital gains taxes. This means that you can keep more of your money working for you in your new investment property.
Proper planning is key:
To make the most of your 1031 exchange, it's important to plan ahead and work with a qualified professional, such as a QI, to ensure that you're following all the rules and regulations. By doing so, you can avoid unexpected tax liabilities and maximize your investment potential.
Our QI services can help simplify the process:
At 1031 Real Estate Exchange Specialist, we specialize in 1031 exchanges and can help guide you through the process. We offer a range of services, including document preparation, funds handling, and guidance on property identification and replacement. With our expertise, you can be confident that your 1031 exchange will be executed seamlessly and in compliance with all regulations.
By utilizing a 1031 exchange and working with a qualified intermediary like us, you can potentially save thousands of dollars in capital gains taxes and keep more of your investment dollars working for you.
Don't hesitate to contact us to learn more about how we can help you with your 1031 exchange needs.
The #1 Rated QI in the United States
Contact us today to learn more about how a 1031 exchange can benefit your investment property portfolio, and to discuss how our QI services can help make the exchange process as smooth and hassle-free as possible.
Calculate Your Real Estate Capital Gains Tax with 1031 Real Estate Exchange Specialist
Are you an investor planning to sell your real estate property soon? If so, you'll want to calculate the capital gains taxes you'll owe as a result of the sale. Knowing how much you'll owe can help you make informed decisions about your investment and finances.
Using a Capital Gains Tax Calculator
Calculating your real estate capital gains tax is a complex process, but it doesn't have to be overwhelming. With the help of a capital gains tax calculator, like the one offered by 1031 Real Estate Exchange Specialist, you can estimate how much you'll owe and plan accordingly.
Our real estate capital gains tax calculator takes into account both long-term capital gains and depreciation recapture taxes. To use our calculator, simply enter some basic information about your property and sale, and we'll do the rest.
Factors Considered by Our Calculator
Our calculator factors in a variety of information, including your original purchase price, depreciation taken over the years, and your sales price. Based on these inputs, we'll provide you with an estimate of your capital gains taxes, so you can plan ahead and make informed decisions.
Why Use Our Calculator?
By using our real estate capital gains tax calculator, you can ensure that you're making the most informed and financially sound decisions possible. Don't leave your finances to chance – use our real estate capital gains tax calculator today to estimate your taxes and plan accordingly.
Avoid suprises, and possibly avoid your taxes
Remember, failing to account for capital gains taxes can result in unexpected tax bills and financial headaches down the road. So, if you're planning to sell your real estate property soon, calculate what you may owe for taxes.
If you do owe taxes, you may be able to defer the entirety of your gain by completing a 1031 exchange.
Understanding Capital Gains Tax in Real Estate
Capital Gains Tax and Its Calculation: When you sell a property, the profit you make is subject to capital gains tax. This tax is calculated by deducting the original purchase price and any verified improvements you've made to the property from its sale price. The amount of tax you owe depends on your income bracket, with federal rates ranging from 0% to 20%. This is a key consideration in real estate transactions, especially when planning for a 1031 exchange.
What to Know About Depreciation Recapture Tax
Navigating Depreciation on Rental Properties: If you own rental property, you're likely familiar with depreciation, a valuable tax deduction that reduces your taxable income over the property's useful life. However, when you sell the property, this benefit needs to be 'recaptured.' The IRS taxes the accumulated depreciation at 25%, known as depreciation recapture tax. This aspect is crucial when calculating potential taxes during a sale, particularly in the context of a 1031 exchange.
State-Specific Capital Gains Tax Rates
Finding Your State's Tax Rate: Capital gains tax isn't just a federal matter; states may have their own rates, which can significantly impact your total tax liability. These rates vary widely, and it's essential to know your specific state's policy. You can find accurate and up-to-date state capital gains tax rates by visiting your state's Department of Revenue or tax website. This information is vital for a comprehensive tax strategy in real estate transactions, including those involving 1031 exchanges.
Understanding Capital Gains Tax on Property Sales
When it comes to selling property, one of the key financial considerations is the capital gains tax that may be incurred. This tax is levied on the profit made from the sale of a property and can vary significantly based on several factors such as the length of ownership and the property's value. Our 'Capital Gains Tax Calculator on Sale of Property' is designed to provide you with an estimated calculation of the potential tax implications of your property sale. By inputting a few simple details about your property transaction, our calculator simplifies the complex process of understanding these tax obligations, ensuring that you're well-informed about your financial responsibilities.
Maximizing the Benefits of the Capital Gains Tax Calculator
To get the most accurate estimate from our capital gains tax calculator, you will need specific details about your property sale, including the purchase and sale prices, as well as the dates of acquisition and sale. The calculator takes into account various exemptions and rules specific to capital gains tax, offering a clear picture of what to expect. Keep in mind that while our tool provides a useful estimate, it's always advisable to consult with a tax professional for a detailed and personalized assessment. Our calculator serves as the first step in planning your finances effectively after the sale of your property, ensuring that you are well-prepared for any tax liabilities.
Depreciation Recapture Calculator
Navigating the complexities of depreciation recapture can be a daunting task for any property owner or investor. This is where our calculator comes into play, offering an easy-to-use solution to estimate the potential tax impact when you sell a property or asset. Depreciation recapture is a critical tax consideration, particularly for those in the real estate market, as it involves paying tax on the depreciation benefits previously claimed on an asset. Our calculator is designed to demystify this process, helping you to understand and prepare for the financial implications associated with selling depreciated property.
Making the Most of the Depreciation Recapture Calculator
To utilize our calculator effectively, you'll need to input key information such as the original purchase price of the property, the total depreciation claimed during the period of ownership, and the selling price of the asset. Our tool then provides an estimated calculation of the depreciation recapture tax, based on current tax laws and regulations. While this calculator serves as an excellent starting point for understanding your potential tax liabilities, we strongly recommend consulting with a tax professional for a comprehensive analysis tailored to your specific situation. Planning ahead with our Depreciation Recapture Calculator can significantly aid in making informed financial decisions regarding your investment properties.
Forward 1031 Exchange Timeline
on day 0
sell property
before day 45
identify property
before day 180
purchase property
Founded by Tim Cooney, 1031 Real Estate Exchange Specialist is a 1031 Exchange Company (Qualified Intermediary) based in Durango, Colorado. We have been performing exchanges for over 30 years.
We’ve helped thousands of clients perform 1031 exchanges while providing knowledge and experiential advice. Our client’s success is our success.
-
After graduating from Notre Dame in 1968, Mr. Cooney began a career in accounting. He has been an accountant for over 60 years and a licensed realtor for 46. The knowledge Tim brought from both real estate and tax work is how he became so well acquainted with real property and 1031 exchange work.
-
Gina Warner, an avid businesswoman, has ran fly shops, bagel stores, and built cell phone towers before selling these businesses to focus on 1031 exchanges. Gina has worked in the real estate industry for over 20 years, and has been in the exchange business for 7 years. Gina knows 1031s like the back of her hand, and makes sure your exchange flows seamlessly.
We provide exchange services in all 50 US states & Territories:
-
We are based in the four corners area, where we began servicing Durango, CO and Farmington, NM.
You may be asking yourself, is there a 1031 specialist near me? Don’t worry, 1031 exchanges can be done nationally, and you can use any QI in the United States to perform your exchange. We perform 1031 exchanges nationally and work with any closing team or company in the US or its territories to complete your exchange.
-
Durango, CO; Farmington, NM; San Francisco, CA; New York, NY; Los Angeles, CA; Seattle, WA; Washington, DC; San Jose, CA; Boston, MA; Denver, CO; Austin, TX; Miami, FL; Portland, OR; Dallas, TX; Houston, TX; Atlanta, GA; Philadelphia, PA; San Diego, CA; Chicago, IL; Minneapolis, MN; Detroit, MI; Phoenix, AZ; Las Vegas, NV; Salt Lake City, UT; Baltimore, MD; Tampa, FL; Sacramento, CA; Orlando, FL; Nashville, TN; Raleigh, NC; St. Louis, MO; Charlotte, NC; Pittsburgh, PA; Indianapolis, IN; Kansas City, MO; Columbus, OH; Milwaukee, WI; Cincinnati, OH; Cleveland, OH; San Antonio, TX; Louisville, KY; Buffalo, NY; Richmond, VA; Rochester, NY; Hartford, CT; Providence, RI; New Orleans, LA; Jacksonville, FL; Memphis, TN; Birmingham, AL; Oklahoma City, OK.
-
We service Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
-
The islands that are eligible for a 1031 exchange are limited to those that are located in the United States and its territories. This includes Puerto Rico, Guam, American Samoa, Virgin Islands, Northern Mariana Islands, District of Columbia and any other territory or possession of the United States.