Exit Tax Estimator

What will you walk away with?

Calculate the real cost of selling your rental property — including bright-line tax, depreciation recovery, agent fees, and mortgage repayment.

What does this calculator estimate?

When you sell a rental property, the amount you receive isn't just the sale price. You'll need to pay agent commissions, legal fees, and possibly income tax under the bright-line test or on depreciation you've previously claimed. This estimator shows you what you'll likely walk away with.

Enter your property details, sale scenario, and personal situation below to get a breakdown of your estimated net proceeds.

1

Property Details

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The price you originally paid for the property.

The date you settled on the property purchase.

New builds purchased between 27 March 2021 and 30 June 2024 have a 5-year bright-line period instead of 10 years.

2

Sale Scenario

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Your expected or agreed sale price.

Defaults to today. Change to a future date to plan ahead.

3

Your Situation

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Your total annual income, used to determine your marginal tax rate.

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The remaining balance on your mortgage at time of sale. Leave blank if none.

Typical range is 2.5%–4% of sale price, negotiated with your agent.

$

Solicitor fees for the conveyancing on the sale.

$

Total depreciation claimed on chattels over ownership period. If you sell above purchase price and have claimed depreciation, IRD recovers this as taxable income.

Source: Inland Revenue — IRD bright-line test guidance (opens in new tab)