Combined rate and how to defer it in Nevada.
Nevada collects no state income tax, so investment property sellers face only the federal rate: up to 23.8% (20% federal + 3.8% NIIT, 0% state). Along with a lack of estate tax and no capital gains tax of its own, that is part of why Nevada attracts significant real estate investment.
Nevada has no state income tax, so capital gains are taxed at the federal level only. Estimate the federal-only bill including depreciation recapture with the capital gains tax calculator.
A 1031 like-kind exchange defers the full 23.8% federal rate by reinvesting all proceeds into a replacement property. Model the numbers in the 1031 exchange calculator and check your deadlines with the timeline calculator.