No Nevada Income Tax
Nevada's constitution says no income tax shall be levied on the wages or personal income of natural persons. A taxable sale of Las Vegas investment property still owes federal capital gains tax and depreciation recapture, and a 1031 exchange defers both when you buy like-kind real property within 45 and 180 days.
Sources: Nevada Constitution, Art. 10, s. 1
Clark County Transfer Tax: $2.55 per $500
In Clark County, the real property transfer tax is $2.55 for each $500 of value: $1.25 under NRS 375.020 for counties of 700,000 or more, plus $1.30 under NRS 375.023. On an $800,000 sale, that is $4,080. Nevada law makes the buyer and seller jointly and severally liable, and says the escrow holder is not liable. The county recorder collects the tax before recording, and none of the exemptions in NRS 375.090 mentions like-kind exchanges or qualified intermediaries, so plan for the tax on each deed in your exchange.
Every deed must come with a Declaration of Value on the state form, and the Clark County Recorder's Office records it.
Sources: NRS Chapter 375 (real property transfer tax); Clark County Recorder: how to record
Your Qualified Intermediary in Las Vegas
1031 Federal Exchange works with Las Vegas investors and their title companies by document and wire. We set up the exchange before your sale, hold the proceeds, receive your written identification by Day 45 and fund the replacement purchase by Day 180, wherever in the United States it is. Attorney Steve Wolterman leads every exchange.
Las Vegas, NV 1031 Exchange Questions
Who pays the Clark County transfer tax?
Nevada law makes the buyer and seller jointly and severally liable for the transfer tax, and says the escrow holder is not liable. The rate in Clark County is $2.55 per $500 of value.
Does a 1031 exchange avoid Nevada's transfer tax?
None of the exemptions listed in NRS 375.090 mentions like-kind exchanges or qualified intermediaries, so expect the transfer tax on each deed in the exchange.
State tax facts on this page were checked against official Las Vegas, NV sources in November 2026. Tax rules change, and this page is general information, not tax advice for your situation. Confirm the details with your tax advisor before you sell.
Ready to plan a 1031 exchange on your Las Vegas investment property? Contact 1031 Federal Exchange today.