Like Kind Tax Deferred Exchange Calculator

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.

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For more information about these financial calculators please visit: Financial Calculators from KJE Computer Solutions, Inc.

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.

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Like Kind Tax Deferred Exchange Calculator

*indicates required.

Exchange details:

Expenses incurred for the exchange:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Ordinary Income under recapture rules::*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Like-kind property given up:

Description:*This entry is required.

Date Property Originally Acquired:*This entry is required.Please enter a valid date for Date Property Originally Acquired

Date Property Was Transferred:*This entry is required.Please enter a valid date for Date Property Was Transferred

FMV of like-kind property:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

FMV of unlike property/services:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Liabilities/mortgages on like-kind property:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Like-kind property received:

Description:*This entry is required.

Date Property Originally Identified:*This entry is required.Please enter a valid date for Date Property Originally Identified

Date Property Was Received:*This entry is required.Please enter a valid date for Date Property Was Received

FMV of like-kind property:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

FMV of unlike property/services:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Liabilities/mortgages on like-kind property:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Like-kind adjusted basis of property given up:

Original Cost or other basis:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Improvements:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Depreciation (Allowed or Allowable):*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Casualty losses deducted:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Investment/Energy Credits Claimed:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Deferred Gain:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Unlike-kind adjusted basis of property given up:

Original Cost or other basis:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Improvements:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Depreciation (Allowed or Allowable):*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Casualty losses deducted:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Investment/Energy Credits Claimed:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

Deferred Gain:*This entry is required.Enter an amount between $0.00 and $10,000,000.00

**FIG_GRAPHTITLE** Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.

Recognized Gain and Basis

Definitions

Description of Like Kind Property Given Up

Brief description of the property that will be given up in this exchange.

Date Property Originally Acquired

Date property was originally acquired.

Date Property Was Transferred

Date the property was transferred or will be transferred.

Description of Like Kind Property Received

Brief description of the property that will be received in this exchange.

Date Property Originally Identified

Date received property was originally identified.

Date Property Was Received

Date received property was or will be received.

Original Cost or other basis

Original cost basis for the property.

Improvements

Any improvements made to the property.

Depreciation (Allowed or Allowable)

Depreciation on the property.

Casualty losses deducted

Any casualty losses that have been deducted on this property.

Investment/Energy Credits Claimed

Investment and energy credits claimed on this property.

Deferred Gain

Any deferred gain on this property.

FMV of like-kind property

Fair Market Value (FMV) of like-kind property.

FMV of unlike property/services

Fair Market Value (FMV) of unlike property and or services.

Liabilities/mortgages on like-kind property

Liabilities and mortgages on the like-kind property.

FMV of like-kind property

Fair Market Value (FMV) of like-kind property.

FMV of unlike property/services

Fair Market Value (FMV) of unlike property and or services.

Liabilities/mortgages on like-kind property

Liabilities and mortgages on the like-kind property.

Expenses incurred for the exchange

Expenses incurred for the exchange.

Ordinary Income under recapture rules

Ordinary income under recapture rules.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.