T12 Operating Statement Review
T12 Operating Statement Review helps investors in San Francisco, CA analyze and compare T12 operating statements from multiple replacement properties during their 45 day identification period. This service is designed for investors who need systematic evaluation of property financial performance to make informed identification decisions.
We review operating statements for accuracy, consistency, and comparability across different property types. Our team coordinates with property managers, brokers, and qualified intermediaries to ensure you have complete financial information for your identification process.
The service includes statement normalization, cash flow analysis, and identification strategy support. We work with your qualified intermediary to ensure operating statement reviews support your identification timeline.
What's Included
- •T12 operating statement collection
- •Statement accuracy verification
- •Cash flow normalization
- •Property performance comparison
- •Broker coordination
- •Qualified intermediary communication
- •Identification deadline tracking
- •Financial analysis summary
Common Situations
- •Investor needs to compare operating statements from three identified properties
- •Investor receives inconsistent operating statements and needs normalization
- •Investor wants to evaluate property cash flow before Day 45 identification deadline
Frequently Asked Questions
What is a T12 operating statement in San Francisco, CA?
A T12 operating statement in San Francisco, CA is a twelve month financial summary showing property income, expenses, and net operating income. It provides the financial foundation for evaluating replacement properties during your 45 day identification period.
How does boot affect my operating statement analysis in San Francisco, CA?
Boot received during your exchange in San Francisco, CA is taxable as capital gain. We analyze operating statements to help you identify properties that minimize boot exposure while maintaining strong cash flow performance.
What happens if operating statements are inconsistent in San Francisco, CA?
Inconsistent operating statements in San Francisco, CA can make property comparison difficult. We normalize statements for comparability and flag inconsistencies that may require further due diligence before your Day 45 identification deadline.
How do operating statements help with identification rules in San Francisco, CA?
Operating statements in San Francisco, CA help you evaluate whether identified properties meet your investment criteria. We review statements to ensure identified properties have the financial performance you require for your exchange strategy.
Can I identify properties without operating statements in San Francisco, CA?
You can identify properties without complete operating statements in San Francisco, CA, but we recommend obtaining them before Day 45. We coordinate with property managers to obtain statements that support your identification and due diligence timeline.
Related Services
Qualified Intermediary Coordination
Coordinate with qualified intermediaries to ensure escrow, legal, and lending workstreams stay synchronized.
Learn more →Escrow and Title Coordination
Coordinate escrow and title workstreams to ensure timely closing and proper documentation.
Learn more →Lender Preflight and Underwriting Support
Support lender preflight and underwriting with document preparation and DSCR analysis.
Learn more →Rent Roll Verification and Analysis
Verify and analyze rent rolls with tenant credit checks and lease term validation.
Learn more →Example Capability
Example of the type of engagement we can handle
Location
San Francisco, CA
Scope
Collect and analyze T12 operating statements, normalize for comparison, support identification strategy
Client Situation
Investor identified three properties but needs to compare their financial performance before Day 45 deadline
Our Approach
We collected operating statements from all three properties, normalized them for comparability, analyzed cash flow performance, and provided comparison summary to support identification decision
Expected Outcome
Operating statements analyzed and compared with financial performance summary delivered before Day 45 identification deadline
Contact us to discuss your situation in San Francisco, CA. We can share references upon request.
Educational content only. Not tax, legal, or investment advice. 1031 defers income tax on qualifying real property and does not remove transfer or documentary taxes.
Ready to Get Started?
Contact us to discuss your 1031 exchange needs in San Francisco, CA.