Area 1031 Exchanges Genuine Estate Investors When a real estate investor offers realty, a funding gains tax is identified, along with a tax on deprecation regain. The routine resources gains tax, deprecation regain, and any type of applicable state tax obligation can typically lead to a tax liability in the 20% to 25% array for the sale of property. (If the real estate has actually been held for less than one year, all of the gain will be tired at a lot greater short term funding gains prices.).