Your walk-away price is the minimum sale price that leaves you with acceptable after-tax proceeds after all costs. Calculate it by working backward: determine how much cash you need after the sale, add back taxes, commission, transfer taxes, mortgage payoff, and other closing costs. If a buyer's offer does not clear this number under your best available tax scenario, the deal does not work for you.
This article provides general educational information only. It is not legal, tax, financial, insurance, compliance, housing, brokerage, or professional advice. Rules, tax rates, obligations, enforcement practices, and market conditions vary by property, building, contract, municipality, and jurisdiction, and they change. Sellers should consult a qualified attorney, CPA, or other appropriate professional before making decisions based on their specific situation.
From the seller playbook: Net Proceeds Modeling Under Multiple Tax Scenarios
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
More questions on this topic
List for free, or go full service for 1%.
Use the playbook yourself, or let us run pricing, marketing and negotiation.