Boot Calculator
Calculate boot (cash received, mortgage relief, non-like-kind property) and estimate tax implications for your 1031 exchange. Boot occurs when you receive cash or have debt relief in excess of what you reinvest.
Boot Calculator
Calculate boot (cash received, mortgage relief, non-like-kind property) and estimate tax implications for your 1031 exchange.
Sale price of the property you are relinquishing
Purchase price of the replacement property
Cash received from the sale (if any)
Mortgage balance on relinquished property
Mortgage balance on replacement property
Educational content only. Not tax, legal, or investment advice. Results are estimates only. Consult a qualified intermediary and tax advisor before making decisions. Texas does not impose a state real estate transfer tax. Recording fees and title insurance premiums still apply.