What it's for
Estimate specific business tax (SBT) and personal income tax when selling property within 5 years
Who it's for
Sellers holding under 5 years, flippers, and advisors doing initial tax estimates
How to use
- 1Enter purchase price, sale price, and land-office assessed value
- 2Enter holding years and deductible expenses
- 3Indicate primary residence if applicable (affects SBT)
- 4Enter your marginal income tax rate
- 5Review tax-by-holding chart and breakdown — confirm with a tax professional