Recent Calculations
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 and recognized loss, gains and the basis for a tax-deferred like kind exchange.
Brief description of the property that will be given up in this exchange.
Date property was originally acquired.
Date the property was transferred or will be transferred.
Brief description of the property that will be received in this exchange.
Date received property was originally identified.
Date received property was or will be received.
Original cost basis for the property.
Any improvements made to the property.
Depreciation on the property.
Any casualty losses that have been deducted on this property.
Investment and energy credits claimed on this property.
Any deferred gain on this property.
Fair Market Value (FMV) of like-kind property.
Fair Market Value (FMV) of unlike property and or services.
Liabilities and mortgages on the like-kind property.
Fair Market Value (FMV) of like-kind property.
Fair Market Value (FMV) of unlike property and or services.
Liabilities and mortgages on the like-kind property.
Expenses incurred for the exchange.
Ordinary income under recapture rules.