This Capital Gain Tax Calculator demonstrates the approximate Captial Gain tax for an individual (noncorporate) taxpayer that is deferred by utilizing an
IRC §1031 tax deferred exchange with Leverage Exchange Group, LLC. The resulting tax savings enables investors who exchange to purchase additional replacement property. Whether the property is owned free and clear or encumbered, the benefits of a tax deferred exchange are significant.

Net Adjusted Basis Calculation
Original Purchase Price of Relinquished Property   $
Add: Improvements (not expensed)
Less: Depreciation
Equals: Net Adjusted Basis
 
Capital Gain Sales Price
Sales Price of Relinquished Property
Less: Net Adjusted Basis
Less: Cost of Sales (ie. commissions)
Equals: Capital Gain
 
Capital Gain Tax Due
Add: Federal Capital Gain Rate (15%)
Add: State Capital Gain Rate
enter rate:  % (if applicable)
Equals: Total Capital Gain tax Due   $
 
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