Boot Calculator

Quantify cash boot, mortgage boot, and an illustrative tax estimate so you can decide whether to reinvest or adjust financing during a 1031 exchange. This calculator matches your Washington, DC exchange architecture with the illustrative tax effect of each boot bucket.

Boot calculator

Real-time boot summary

Enter the gross sale price before closing costs.

Enter the negotiated acquisition price.

Include any cash, seller concessions, or non-like-kind property you expect to receive.

Total debt being relieved when the relinquished asset closes.

New debt to be assumed or originated for the replacement asset.

Boot breakdown

$75,000

Total boot (cash + mortgage).

Estimated tax: $15,000

Cash boot

$25,000

Cash or non-like-kind property received.

Mortgage boot

$50,000

Old debt relieved minus new debt assumed.

Financing gap

$50,000

Difference between replacement and relinquished value.

Boot explanations

  • Cash boot occurs whenever you receive cash or non-like-kind property.
  • Mortgage boot arises when you do not assume at least as much debt on the replacement property.
  • Total boot is the sum of cash boot and mortgage boot; we apply a 20% illustrative tax rate to that amount for planning.

Educational content only. Not tax, legal, or investment advice. Results are estimates only. Consult a qualified intermediary and tax advisor before acting. Washington, DC recordation and transfer taxes are separate from federal 1031 gain deferral; confirm current amounts with the closing and tax professionals.

Educational content only. Not tax, legal, or investment advice. Results are estimates only. Consult a qualified intermediary and tax advisor before making decisions. Washington, DC recordation and transfer taxes are separate from federal 1031 gain deferral; confirm current amounts with the closing and tax professionals.

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