Before you sign anything
It is four taxes,
not one.
Most owners budget for capital gains and are caught out by the rest. Find out what the sale of your property would actually cost before you commit to it.
- Independent
- Every option, never one product
- Free to you
- Sponsors pay us, not you
- Licensed
- Guided by licensed specialists
- No obligation
- Nothing is sold on the call
The number most sellers get wrong
Depreciation recapture
Taxed at up to 25 percent, and owed on depreciation you were allowed to take whether or not you actually claimed it. On a long held property this is often the largest line in the bill.
Net investment income tax
An additional 3.8 percent once modified adjusted gross income passes 200,000 dollars individually or 250,000 jointly. A single large gain pushes many people over that line in the year of sale.
State tax on top
State rates range from nothing to over 13 percent. Several states also apply clawback rules that follow a gain deferred across a state border.
See the whole picture, not one line of it
All four taxes added together
Federal long term gains, depreciation recapture, the net investment income tax and your state rate, calculated as one figure rather than four guesses.
What a deferred exchange would preserve
The same numbers run again on the basis that the gain is deferred through a 1031 exchange, so the difference is visible rather than theoretical.
Reviewed by a licensed specialist
Someone who does this daily looks at your situation and tells you which options are realistically open to you, including the option of doing nothing.
How it works
- 1
Tell us the basics
Purchase price, roughly what depreciation has been taken, expected sale price and your state. Rough figures are enough at this stage.
- 2
Get your number
We calculate the full tax position on a straight sale and on a deferred exchange, and send both to you.
- 3
Talk it through
If it is worth a conversation, a licensed specialist walks you through what your options actually are. No cost, no obligation.
Common questions
Is this really free?
Yes. There is no cost to you at any stage. When someone invests through a partner, that sponsor compensates us on a fixed per introduction basis, never as a percentage of the amount invested.
Will someone try to sell me something?
No. We are not a broker dealer and we do not sell securities or property. We compare the available paths and, if it makes sense, introduce you to a licensed specialist who does.
How accurate is the figure?
It is a well constructed estimate based on current federal brackets and the state rate you provide. It cannot see your other income, carried forward losses or prior exchanges, so treat it as the basis for a conversation with your own CPA rather than a filed number.
What if I have already sold?
Say so when you get in touch. If you have already closed then the 45 day identification clock is running, and the conversation becomes time sensitive rather than exploratory.
Do I have to be an accredited investor?
Not to use this. Accreditation only matters for certain replacement options such as Delaware Statutory Trusts and private funds, which are available to accredited investors only.
Know the number before you decide
It takes a few minutes, it costs nothing, and it is a great deal easier than finding out in April.
Get my tax figure →