1031 Exchange Boot & Basis Calculator

This calculator is designed to estimate the tax outcomes of a potential 1031 exchange transaction, including:

Property Given Up Information:

Cost Basis of Property Given Up *The acquisition cost plus the cost of any major renovation to the property.

Accumulated Depreciation (if any) *Only if you have rented the property out and claimed depreciation. If not, enter 0.

Market Value of Property Given Up *If this amount is smaller than the cost basis of Property Given Up, a tax loss is expected and 1031 exchange is not feasible. Also, if you have more than one relinquish property, this should be the total market value of all of the relinquish properties.

Mortgage on the Property Given Up (Remaining balance) *For the most accurate result, you should refer to the principal balance on the latest mortgage/loan statement.

Property Received Information:

Cost Basis of Property Received - HiddenN/A - Same as Market Value of Property Received

Accumulated Depreciation for Property Received - HiddenN/A

Market Value of Property Received *If this amount is smaller than the FMV of Property Received, there will likely be gain recognized. Also, if you plan on having more than one replacement property, this should be the total market value of all of the replacement properties.

Mortgage on the Property Received *If this amount is smaller than the mortgage on the Property Received, there will likely be gain recognized.

Projected Tax Results

Estimated Cash Contribution Required to Complete the 1031 ExchangeThis is an estimate of cash required to complete the 1031 exchange when the sale of the Property Given Up and the mortgage on the replacement property is insufficient to cover the total acquisition cost of the property received.

Estimated Cash Contribution Required to Complete the 1031 ExchangeThis is an estimate of cash required to complete the 1031 exchange when the mortgage on the property received is insufficient to cover the total acquisition cost of the property received..

Capital Gains Deferred under 1031 ExchangeThis is the amount of capital gains deferred from completing a 1031 exchange as opposed to a regular sale then a regular buy.

Capital Gains Recognized under 1031 ExchangeIf any, this is the amount of capital gains recognized from completing a 1031 exchange based on the scenario provided. In most cases, capital gain will be recognized from a "Step Down 1031 exchange" - The market value of the replacement property is lesser than the market value of the relinquish property.

Basis for Replacement Property under 1031 ExchangeThis is the amount of total basis that rolls into the replacement property from completing a 1031 exchange based on the scenario provided.

1031 Exchange Replacement Property Basis ResultsThis is the amount of total basis that rolls into the replacement property from completing a 1031 exchange based on the scenario provided.

Calculation - Hidden

Backend calculation - You can Ignore this section

Gain realized before 1031 exchange gain deferralThis should be above 0 or 1031 exchange is not feasible.

Mortgage Boot Calculation

Mortgage Boot ResultsOnly recognized when mortgage on relinquish property is greater than mortgage on replacement property

Cash Boot Calculation

Cash Boot ResultsNet Cash left from the 1031 exchange escrow (including cash contribution) after the exchange is completed.

Closing cost on sale of relinquish propertyAssuming 5% of the FMV of the relinquish property

Closing cost on the purchase of replacement propertyAssuming 5% of the FMV of the replacement property

1031 Exchange EquityFunds available after the sale of the relinquish property plus cash contribution

Carryover Basis

Additional Basis

Replacement Property Basis

1031 Exchange Gain Deferral Calculation (Gain realized before 1031 exchange gain deferral)

Net Replacement property value

Net Relinquish property value

Difference between Net Replacement property and Relinquish Property

Disclaimer: The results provided by this tax estimator are for informational purposes only and should not be considered as official tax advice. These estimates are intended for high-level reference before consulting with our tax professionals. They are not meant for submission to the IRS or any other tax authority. For an accurate and comprehensive tax assessment tailored to your specific situation, please schedule a consultation with one of our experts. Use of this tool does not establish a client relationship.

This calculator is designed to estimate the tax outcomes of a potential 1031 exchange transaction, including:

Property Given Up Information:

Property Received Information:

Projected Tax Results

Calculation - Hidden

Backend calculation - You can Ignore this section

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