Property sellers in California can lose 30–50% of their profit to tax!
Did you know there are advanced tax-planning solutions available to every taxpayer? Within the thousands and thousands of pages of the tax code there are provisions that enable sellers of highly appreciated assets to reduce, defer and in some cases eliminate capital gains tax entirely. The Keep Your Wealth team specializes in helping sellers sell for the highest price possible, in record time, while keeping expenses and tax liabilities to an absolute minimum. Consultations are no obligation and FREE of charge. To learn how you can keep your hard-earned equity in your pocket please fill out our form below and we will be in touch with you shortly.
Tax Calculator
Property You Are Selling
Assumed Sale Price: $
Selling Expenses at:
Total Selling Expenses:
Net Sales Proceeds:
Cost Basis: $
Cost of Improvements: $
Depreciation Taken To Date: $
Net Adjusted Basis:
Taxable Gain:
Total Gain Subject to Capital Gains Tax:
Federal Tax Calculation
Taxable Gain:
Federal Capital Gains Tax Due:
State Tax Calculation
State Tax Due:
Net Investment Income Tax
Taxable Amount:
Tax Rate: 3.8%
Added Tax:
Projected Federal & State Tax Due
Depreciation Recapture (25%):
Projected Federal & State Tax Due:
Mortgage Payoff: $
Proceeds Without Tax Planning
Net Before-Tax Profit:
Net After-Tax Profit at Close of Escrow:
Percentage of Profit Going To Tax:
Avoid The Tax Bill Without Extreme Measures Like 1031 Exchanges, Giving Your Asset To Charity Or Risky Payment Streams*
Maintain 100% Control Of How Your Proceeds Are Invested
Our Tax-Planning Strategies Even Work On Primary Residences Too
Have Other Assets You’d Like To Sell? We Can Help With Those Too!
*At time of sale
