You have selected to run a five year forecast of a part rental / part non rental property which could be your primary residence as well as contain several rental units. This model / calculator will help you estimate the value of your property over a five year period based on what you perceive to be the annualized future change in real estate values. The tax consequences of selling your property in any of those years and the net proceeds after 1) deducting your first and second mortgages, 2) deducting any possible capital gains taxes, 3) deducting any real estate broker fees and 4) deducting any depreciation recapture taxes, will be determined.

In order to calculate any capital gains taxes you need to determine your cost basis and whether you will qualify for a capital gains tax exclusion on the portion of the property you claim as your primary residence.

Select the appropriate model from the below drop down menu. In selecting from the drop down menu determine whether you would like to run only a five year forecast of your annual expenses or a five year forecast of your property value as well. Select whether you already own the property or you are consider acquiring the property. You will be prompted to input the required information.

If you would prefer to determine the same results for solely for a rental property or non rental property, then click "5 year forecast" from the above menu. This will take you to a drop down menu where you can select your desired property classification.

Of particular benefit of this analysis is the determination of your net equity in the property after deducting any remaining mortgage balance on your first and second mortgages. Your first and second mortgages will be amortized according to the mortgage information you enter. In addition it is interesting to see what you would net on a sale of a part rental / part non rental property after accounting for all the tax considerations effecting a personal residence and a business property.