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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.

Like Kind Tax Deferred Exchange Calculator 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.