David Nelson
David Nelson
Windermere Commercial/BI, Inc.
Office: 206-842-3399 | Fax: 206-842-0077 | www.CommercialBainbridge.com | bicommercial@windermere.com
Capital Gain Tax Calculation

Step 1: Calculate Net Adjusted Basis:
 
Original Purchase Price
 $
plus Improvements
+ $
minus Depreciation
 - $
= NET ADJUSTED BASIS    = $
 
Step 2: Calculate Capital Gain Sales Price of Property:
 
Sales Price $
minus Net Adjusted Basis - $
minus Costs of Sale (commissions, fees, etc.) - $
= CAPITAL GAIN    = $
 
Step 3: Calculate Capital Gain Tax Due:
 
Recaptured Depreciation (25%) $
plus Federal Capital Gain Rate (20%) + $
plus State Capital Gain Rate
(enter your tax rate here) 		  Tax %
+ $
= TOTAL TAXES DUE    = $
 
Step 4: Calculate After-Tax Equity:
 
Sales Price $
minus costs of sale - $
minus loan balances - $
= GROSS EQUITY = $
minus Capital Gain Taxes Due - $
= AFTER-TAX EQUITY    = $
 
Step 5: Analyze Reinvestment - Sale:
 
AFTER-TAX EQUITY x 4    = $
 
Step 6: Analyze Reinvestment - Exchange:
 
Capital Gain Taxes Due $
Gross Equity = Net Equity $
GROSS EQUITY x 4    = $
 
Disclaimer
 

Asset Preservation, Inc.
National Headquarters: 800-282-1031
info@apiexchange.com

Asset Preservation, Inc. cannot provide tax and/or legal advice. Every investor should always seek the advice of their tax and/or legal advisors regarding their specific situation.
Windermere Commercial/BI, Inc. - 360 Tormey Ln., Suite 292 - Bainbridge Island, WA 98110