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 recognized loss, gains and the basis for your newly received property.
These tools and calculators are provided for your personal, independent use and are not investment advice. We do not guarantee their accuracy or relevance to your specific situation. All examples are hypothetical and for illustration only. Please consult a qualified professional for personalized financial guidance.