## 1031 Comparison Calculator

Enter your figures in the fields highlighted in yellow below (no commas or dollar signs, for example: 300000 instead of \$300,000) and click on “Calculate”.

 1. Calculate Net Adjusted Basis: Original Purchase Price \$ plus Improvements +\$ minus Depreciation - \$ = NET ADJUSTED BASIS = \$ 2. Calculate Capital Gain Sales Price of Property: Sales Price \$ minus Net Adjusted Basis - \$ minus Costs of Sale (commissions, fees, etc.) - \$ = CAPITAL GAIN = \$ 3. Calculate Capital Gain Tax Due: Recaptured Depreciation (25%) \$ plus Federal Capital Gain Rate (15%) + \$ plus Your State Capital Gain Rate Tax% plus Your State Capital Gain Rate Tax% + \$ = TOTAL TAXES DUE = \$ 4. Calculate After-Tax Equity: Sales Price \$ minus costs of sale - \$ minus loan balances - \$ = GROSS EQUITY = \$ minus Capital Gain Taxes Due - \$ = AFTER-TAX EQUITY = \$ 5. Comparison: Loan to Value% (example 80 for 80%) % Exchange Investment Value = \$ Non Exchange Investment Value = \$ GAIN FROM AN EXCHANGE = \$