Original Purchase Price
Plus Non-Expensed Improvements
Minus Depreciation Taken
Sales Price
Minus Transaction Costs (commissions, fees, etc.)
Multiply by State Capital Tax Rate (if any)
Multiply by Federal Capital Gain Tax Rate
1031 Xpress, Inc. cannot provide advice regarding specific tax consequences. Investors considering an IRS §1031 tax deferred exchange should seek the counsel of their accountant and attorney to obtain professional and legal advice.