Skip to Content
MenuClose

myIR, payments and more

Property net profit (loss) calculator

About this calculator

This calculator will help you work out the net profit or loss you made on a taxable property sale.

Use of this tool does not result in data being submitted to us.

When to use this calculator

To work out the amount of profit or loss on your property sale you need to include in your income tax return.  You can work the profit or loss of up to five properties in one calculation.

What you will need

You'll need the amounts you:

  • bought the property for
  • sold the property for
  • the total amount of deductible costs you can claim

You'll also need to work out if the property was taxable under the bright-line test or other property rules.

After you finish

Take a note of the profit or loss amount and include it in the "Other income" box of your income tax return. The Property sale information (IR833) form, which you submit with your income tax return, shows you how to work out the total amount (including any other income) you need to show in the "Other income" box of your tax return.

You may wish to print off the result or save it as a PDF or RTF document.

No information you provide while using the calculator is recorded, saved or in any way referenced by Inland Revenue. The calculator is stored on a secure part of our website to prevent unauthorised interception. If you are unable to access the calculator, you may need to update your browser and/or firewall settings.