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.

The options, in plain terms

  • All the way out — leave the cabin, take 100% cash. Declare by 2026-09-27 to be paid 2026-10-05 (taxable that year).
  • Cabin only — stay in the cabin, take your post office share as cash (no exchange). Paid at Day 180.
  • Blended — stay or leave, take some cash and put the rest into a 1031 exchange, alone or pooled.
  • Full exchange — roll everything into replacement property through your own LLC under Stromness I, or pool with others.

You can change your mind freely until you mark yourself committed — and even then, a manager can reopen it. Any member may still become Non-Continuing later; the only cost is timing.

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. 2026-09-27
    in 20d
    Declare 'definitely out'
    Email the managers if you are certain you are leaving. Only members who declare by this date are redeemed before proceeds go to the Qualified Intermediary and receive cash in the early payout.
  2. 2026-09-30
    in 23d
    Post office sale closes
    Starts the 45-day identification and 180-day exchange clocks. Net proceeds (less redemptions) go to the Qualified Intermediary.
  3. 2026-10-05
    in 28d
    Early cash payout
    Declared-out members receive their post-office share plus the cabin buyout. Taxable in 2026; return due April 15, 2027.
  4. 2026-11-14
    in 68d · day 45
    Day 45: identify replacement property
    Written identification of replacement property must be delivered to the Qualified Intermediary (not the IRS). Anyone not exchanging can ignore this date.
  5. 2027-03-29
    in 203d · 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).
  6. 2027-04-15
    in 220d
    Tax return due for 2026 (early payout recipients)
    Capital gains on cash received in the early payout are reported on this return.
  7. 2028-04-15
    in 586d
    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.