Sample
FortyFive Exchange Decision Brief
Compare up to three replacement properties against your exchange targets, identification rules and property economics. Upload supported documents, confirm the extracted numbers and receive a downloadable Exchange Decision Brief. $249 once.
Illustrative sample — not an actual customer transaction. All figures are invented for demonstration.
Page 1 — Exchange Position
The completion date shown is the statutory outer limit. The actual deadline can be earlier if the tax-return due date for the year of transfer comes first.
Page 2 — Replacement Targets
Targets are planning figures derived from the sale price, selling costs and debt payoff confirmed by the customer. They are not a determination of deferred gain.
Page 3 — Candidate Comparison
| Candidate | Purchase price | Cap rate | DSCR | Vs. target |
|---|---|---|---|---|
| A — Sample retail strip | $980,000 | 6.4% | 1.42x | Meets target |
| B — Sample fourplex | $870,000 | 5.9% | 1.18x | $85,000 below target |
| C — Sample industrial flex | $1,050,000 | 6.9% | 1.51x | Meets target |
Cap rate and DSCR appear only for candidates where the customer supplied net operating income and annual debt service.
Page 4 — Issues to Review
- Candidate B falls below the full-deferral planning target, which may produce boot.
- Three candidates are identified; the three-property rule applies and no value cap is triggered by the values supplied.
- No return due date was supplied, so the completion date shown is the statutory 180-day date only.
- Annual debt service was not supplied for one candidate, so DSCR is not shown.
Illustrative sample — not an actual customer transaction. All figures are invented for demonstration. The Decision Brief is produced by software from values you confirm. It is not reviewed by a human professional and is not tax, legal or investment advice.