Calculator Tool
Boot Calculator
Model cash boot, mortgage boot, and illustrative tax exposure before you commit to a replacement property. Adjust assumptions on debt, values, and cash taken out to see how quickly unintended boot can appear in Austin, TX exchanges.
Boot Calculator
Estimate cash boot, mortgage boot, and total taxable boot generated in your exchange.
Cash boot
$0
Cash or value received plus any value shortfall compared to the relinquished property.
Mortgage boot
$200,000
Debt relief when replacement debt is lower than the retired mortgage.
Total boot exposure
$200,000
Combined cash and mortgage boot potentially subject to tax.
Estimated tax on boot
$40,000
Illustrative only. Actual tax depends on your basis, depreciation recapture, and tax profile.
Boot basics: Cash boot usually arises from cash taken out or value shortfalls, while mortgage boot appears when new debt is less than the old payoff. Both may trigger capital gains or depreciation recapture when not offset.
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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