Capital Gains Calculator

STEP 1. Calculate Net Adjusted Basis

 

 residential   
 commercial

$ original purchase price
+$ improvements
  how many years owned
  Estimated Deprecation
Net Adjusted Basis
 

STEP 2. Calculate Capital Gain Sales Price of Property

$ sales price
-$ net adjusted basis
-$ costs of sale (commissions, fees, etc.)
Capital Gain
 

STEP 3. Calculate Capital Gain Tax Due

$ recaptured depreciation (27%)
+$ federal capital gain tax (17%)

state capital gain tax rate (long term)

+$  state capital gain tax
  Total Taxes Due
 

STEP 4. Calculate Equity

$ sales price
-$ costs of sale
-$ loan balances
  Gross Equity
-$ capital gain taxes due
  After-Tax Equity