Mt. AireStromness I · Decision Model

One sale. Twenty-four decisions.
Explore what each path could look like.

A planning tool for exploring your options around the post office sale, the 1031 exchange, and the Mt. Aire cabin — estimates to bring to your own advisors, and a place to record your decision when you've made it.

Enter your PIN

Your PIN was given to you by the managers. Use it to model your options and record your decision.

First time here? Read the how-to guide — screenshots and a full walk-through.

The options, in plain terms

  • Take the cash — receive your share, pay the tax (currently ≈ 30% of it).
  • 1031 exchange — defer the tax by rolling into replacement property: your own exchange, a member pool, and/or the Stromness 1 Family Pool.
  • A Delaware Statutory Trust (DST) — reinvesting into a trust that holds professionally managed property. Tax treatment and fit depend on the specific trust's structure and your situation — work with your own financial advisor on viability.
  • Any mix — split between cash, the DST, and a 1031 however you like.

Per the managers' update, the cabin decision is off the table — usage continues shared as before, with updated terms to come separately. You can change your plan freely until you mark yourself committed — and even then, you can unlock it to revise (the managers are notified). Reinvesting tax-deferred (1031 and/or DST)? Exhibit D is due to the managers by Nov 13 — see Key Dates. (It only applies to tax-deferred reinvestors — if you're taking only cash, you can ignore it.)

This is a planning model, not financial, tax, or legal advice. Every number shown is an estimate built on assumptions — sale price, commissions and fees, tax rates, basis, cabin costs — that may be incomplete, wrong, or change. It exists only to help you think through your options. Before acting on anything here, confirm the math and the tax treatment with your own financial advisor, CPA, and attorney. Neither Stromness I, its managers, nor the preparers of this tool are responsible for decisions made in reliance on it.

Key dates

  1. 2026-09-30
    36d ago
    Post office sale closes
    Starts the 45-day identification and 180-day exchange clocks. Net proceeds (less redemptions) go to the Qualified Intermediary.
  2. 2026-10-05
    31d ago
    Early cash payout
    If the managers schedule an early distribution, cash recipients are paid here. Taxable in 2026; return due April 15, 2027.
  3. 2026-11-13
    in 8d
    Exhibit D due to the managers — tax-deferred reinvestors only (1031 and/or Delaware Statutory Trust)
    Only applies to members reinvesting tax-deferred — a 1031 exchange and/or a Delaware Statutory Trust (DST) reached through the exchange structure; members taking only cash can ignore this date. Send the completed Exhibit D (your identified replacement property or DST interest) to the Stromness 1 managers, who forward it to Ray Beck — he then provides detailed exchange instructions. This covers the statutory 45-day identification window that runs from closing.
  4. 2027-03-29
    in 144d · day 180
    Day 180: exchange must close / QI releases funds
    Exchangers close on replacement property. Everyone else who did not take the early payout receives cash now. Per the managers, taxable in 2027; return due April 15, 2028 (confirm with CPA).
  5. 2027-04-15
    in 161d
    Tax return due for 2026 (early payout recipients)
    Capital gains on cash received in the early payout are reported on this return.
  6. 2028-04-15
    in 527d
    Tax return due for 2027 (Day-180 cash recipients)
    Capital gains on cash received at the 180-day release are reported on this return, per the managers' guidance.