Area 1031 Exchanges for Real Real Estate Traders When an investor markets property, a resources gains tax obligation is acknowledged, in addition to a tax on deprecation recapture. The regular funding gains tax, deprecation recapture, and also any kind of applicable state tax can commonly cause a tax obligation in the 20% to 25% variety for the sale of property. (If the property has actually been held for less than twelve month, every one of the gain will certainly be taxed at a lot higher short term capital gains prices.).