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Underwriting & Diligence

Seattle Rent Roll and T12 Verification

We audit rent rolls, trailing twelve statements, and CAM reconciliations to verify actual NOI before you identify or close in Seattle, WA.

Identify irregularities such as side agreements or concessions

Normalize expenses for taxes, insurance, and repairs

Highlight trends affecting valuation and lender confidence

Key Deliverables

  • Annotated rent roll with verification notes
  • Normalized T12 with variance commentary
  • Expense benchmarking versus market averages

Execution Timeline

  1. Day 2: Receive source documents
  2. Day 5: Deliver exception report
  3. Day 7: Finalize normalized statements for lender

Frequently Asked Questions

Do you verify tenant payments in Seattle, WA?

We match deposits to the ledger and confirm abatements or deferrals so lenders see accurate income history for your Seattle, WA acquisition.

Can you review property tax projections?

Yes. We model reassessment exposure for Seattle, WA jurisdictions so cash flow accounts for likely tax changes.

Do you provide lender-ready formats?

We deliver Excel workbooks and PDF summaries tailored to lender underwriting requests.

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Align DSCR targets, leverage scenarios, and term sheets with regional and national lenders prior to identification.

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Seattle Triple Net Lease Renewal Diligence

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Identification Strategy

Seattle Replacement Property Identification

Curate compliant replacement assets across Seattle, WA with documented comparables and lender-ready files.

45-Day and 180-Day Deadline Calculator

Enter your relinquished closing date to preview statutory milestones. Share the outputs with your intermediary, CPA, and lender to keep every stakeholder aligned.

45-day identification deadline
Select a closing date to calculate the deadline.
180-day exchange completion deadline
Select a closing date to calculate the deadline.

Dates represent calendar days. Confirm every milestone with your Qualified Intermediary. We coordinate stakeholder updates but do not provide intermediary services.

Identification Rules Explained

Use this guide to determine how you will complete the identification letter. We prepare letter drafts, valuation support, and backup scenarios so your $Seattle, $WA exchange maintains compliance through day forty-five.

Three-Property Rule

Identify up to three properties of any value. We document pricing support, lender feedback, and compliance notes for each Seattle, WA asset so your intermediary accepts the letter without revisions.

200 Percent Rule

Identify more than three properties as long as combined fair market value stays below 200 percent of the relinquished property value. We track valuation evidence for every property to prove compliance.

95 Percent Rule

Identify any number of properties and close on at least 95 percent of the aggregate value. This strategy supports diversified portfolios and DST placements when executed with strict tracking.

We coordinate with your intermediary, CPA, and counsel, provide documentation, and maintain audit-ready files. We do not provide legal or tax advice.

Exchange Timeline Tracker

Monitor each milestone from sale to replacement closing. Select a step to review the focus items and assign responsibilities to your advisors.

Document sale terms, confirm intermediary wiring instructions, and deliver closing statements within twenty-four hours.

Keep your intermediary, CPA, attorney, and lenders updated on each milestone. We manage the project plan, but all compliance decisions remain with your licensed advisors.

Discuss Seattle Rent Roll and T12 Verification

Share your timeline, equity targets, and lender objectives. We respond within one business day.

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Educational content only. Consult your Qualified Intermediary, CPA, and legal counsel before executing exchange strategies.