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Boot Calculator

Model cash boot, mortgage boot, and property value shortfalls before you close. Use the tool to refine replacement property pricing, match debt proceeds, and reduce the risk of triggering taxable boot in your Seattle 1031 exchange.

Boot Exposure Model

Enter the core economics of your relinquished and replacement properties to estimate potential cash and mortgage boot. The model assumes illustrative federal and state combined rates—confirm actual tax exposure with your advisory team.

Quick guidance

Matching or exceeding relinquished value and debt is the fastest way to minimize boot. Debt shortfalls and cash pulled out both create taxable exposure.

Transaction inputs

Input dollar amounts without symbols. Negative values are not permitted.

Fair market value of the property you are selling.

Total purchase price for all replacement properties.

Net exchange proceeds you pulled out of the transaction (cash boot).

Outstanding debt paid off on the relinquished property.

New debt placed on the replacement property.

Estimated blended tax rate

Combine federal long-term capital gains, depreciation recapture, NIIT, and state exposure. Default is 20% for illustration.

Adjust this to mirror guidance from your CPA.

Educational content only. Not tax, legal, or investment advice. Results are estimates only. Consult a qualified intermediary and tax advisor before making decisions. Texas does not impose a state real estate transfer tax. Recording fees and title insurance premiums still apply.

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