Like Kind 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 recognized loss, gains and the basis for your newly received property.

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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 Exchange Calculator

*indicates required.

Like kind property given up:

Date of Sale:*This entry is required.Please enter a valid date for Date of Sale

Description:

Sales Price or FMV:*This entry is required.Enter an amount between $0 and $1,000,000,000

Liabilities/Mortgages:*This entry is required.Enter an amount between $0 and $1,000,000,000

Like kind property received:

Date of Purchase:*This entry is required.Please enter a valid date for Date of Purchase

Description:

Purchase Price or FMV:*This entry is required.Enter an amount between $0 and $1,000,000,000

Liabilities/Mortgages:*This entry is required.Enter an amount between $0 and $1,000,000,000

Adjusted Basis:*This entry is required.Enter an amount between $0 and $1,000,000,000

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

Recognized Gain and Basis

Definitions

Date of Sale

Date the sale of the received property or property given up took place.

Date of Purchase

Date the purchase of the received property or property given up took place.

Description of Like Kind Property

Brief description of the property involved in this exchange.

Sales Price or Fair Market Value

The sales price or Fair Market Value (FMV) of the property sold.

Purchase Price or Fair Market Value

The purchase price or Fair Market Value (FMV) of the property received.

Less Liabilities/Mortgages

Any liabilities or mortgages on the property.

Adjusted Basis

The adjusted basis of the property that was given up.

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.