Property Identification Concierge

Property identification concierge service provides white glove outreach to sponsors, brokers, and developers nationwide to secure vetted replacement property options before your forty five day identification deadline. This service is designed for Chicago, IL investors who need dedicated support coordinating property identification across multiple markets and asset classes.

Our team maintains relationships with institutional sponsors, regional brokers, and development partners to surface replacement properties that meet IRS like kind requirements. We coordinate with your Qualified Intermediary and qualified escrow agents to ensure proper documentation throughout the identification process. The service includes daily deadline monitoring and stakeholder updates to keep your exchange compliant with the one hundred eighty day closing requirement.

What We Include

  • White glove outreach to sponsors, brokers, and developers nationwide
  • Daily deadline monitoring for forty five day and one hundred eighty day milestones
  • Coordination with Qualified Intermediary and qualified escrow agents
  • Written identification letter preparation and delivery
  • Property underwriting summaries and market data
  • Stakeholder updates and shared dashboards
  • Compliance documentation support

Common Situations

Chicago, IL investor selling a multifamily property and needs to identify industrial replacement properties across multiple markets within forty five days

Investor with complex exchange structure requiring coordination between multiple Qualified Intermediaries and closing agents

Investor approaching the forty five day deadline and needs immediate access to vetted replacement property options

Example of the type of engagement we can handle

Service Type

Property Identification Concierge

Scope

Identify replacement properties across multifamily, industrial, and NNN asset classes nationwide within forty five day deadline

Client Situation

Investor selling Chicago multifamily property with estimated close date in thirty days, needs to identify replacement properties before forty five day deadline

Our Approach

Immediate outreach to nationwide network of sponsors and brokers, daily coordination with Qualified Intermediary, structured identification letter preparation

Expected Outcome

Multiple vetted replacement property options identified and documented before forty five day deadline, compliance documentation prepared for Qualified Intermediary

Educational content only. Not tax, legal, or investment advice.

Frequently Asked Questions

How does property identification concierge service help Chicago, IL investors meet the forty five day deadline?
Property identification concierge service helps Chicago, IL investors by providing dedicated outreach to our nationwide network of sponsors, brokers, and developers. We begin identifying potential replacement properties immediately after your relinquished property closes, ensuring you have multiple vetted options before the forty five day identification deadline expires.
What identification rules apply to Chicago, IL investors using this service?
Chicago, IL investors can use the three property rule, two hundred percent rule, or ninety five percent rule when identifying replacement properties. Our concierge service helps structure your identification letter and coordinate delivery to your Qualified Intermediary to ensure compliance with IRS requirements.
How does boot affect Chicago, IL investors using property identification concierge?
Boot refers to non like kind property received in the exchange, such as cash or debt relief. Chicago, IL investors should work with their tax advisors to understand boot implications. Our concierge service documents each potential source of boot so your CPA can calculate the correct tax impact for your exchange.
What happens if Chicago, IL investors cannot find suitable replacement properties within forty five days?
If Chicago, IL investors cannot identify suitable replacement properties within the forty five day deadline, the exchange may fail and taxes become due. Our concierge service begins property identification immediately to maximize your options and help prevent this situation through early coordination with nationwide sources.

Ready to Get Started?

Contact our team to discuss how Property Identification Concierge can support your 1031 exchange in Chicago, IL. We'll help you navigate the 45-day identification deadline and 180-day closing requirement.