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.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.