Boot Calculator
Calculate boot including cash received and mortgage relief from your 1031 exchange. Boot is any non like kind property or cash received and is subject to immediate taxation.
Boot Calculator
Sale price of the property being sold
Purchase price of the replacement property
Cash received from the exchange proceeds
Mortgage balance on relinquished property
Mortgage balance on replacement property
Understanding Boot
Cash Boot: Any cash received from exchange proceeds that is not reinvested in replacement property.
Mortgage Boot: Debt relief occurs when the new mortgage is less than the old mortgage balance.
Total Boot: The sum of cash boot and mortgage boot. Boot is subject to immediate taxation.
Educational content only.
Not tax, legal, or investment advice. Results are estimates only. Consult a qualified intermediary and tax advisor before making decisions. A 1031 exchange defers federal and Arizona income tax on qualifying real property. It does not remove state or county transfer taxes.