If you exchange either business or investment property that is of the same nature or character, the IRS won't recognize it as a gain or loss. This calculator is designed to calculate recognized loss, gains and the basis for your newly received property.
Date the sale of the received property or property given up took place.
Date the purchase of the received property or property given up took place.
Brief description of the property involved in this exchange.
The sales price or Fair Market Value (FMV) of the property sold.
The purchase price or Fair Market Value (FMV) of the property received.
Any liabilities or mortgages on the property.
The adjusted basis of the property that was given up.