What is boot in a 1031 exchange?

Boot is any non-like-kind property received: cash, reduced mortgage, or other property. Boot is taxable in the year of exchange at capital gain and depreciation recapture rates.

Acquire replacement property of equal or greater value, take on equal or greater debt, and receive no cash proceeds. Any shortfall creates taxable boot.

What are the 1031 deadlines?

45 days to identify replacement property, 180 days to close. Identification can include up to 3 properties (any value) or more under the 200% and 95% rules.

1031 Exchange Boot Calculation Calculator

Calculate taxable boot in a 1031 like-kind exchange. Boot = cash received + net debt relief + unlike property received. Trade up in value and debt to defer all capital gains taxes.

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$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate taxable boot in a 1031 like-kind exchange. Boot = cash received + net debt relief + unlike property received. Trade up in value and debt to defer all capital gains taxes. Use the 1031 boot calculation result to inform your calculation.

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1031 Exchange Boot Calculation Calculator

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Frequently Asked Questions

What is boot in a 1031 exchange?

How to avoid boot?

What are the 1031 deadlines?