A disposition review starts with the property's actual operating information, leases, condition, and relevant comparable sales. The owner's timing, confidentiality needs, and preparation priorities shape the marketing discussion. Tax basis, depreciation recapture, and exchange consequences must be evaluated by the owner's CPA or attorney.
What the plan covers
- Income and expense support. Organize the figures a buyer is likely to test during underwriting.
- Lease and rent review. Identify current terms and documentation without assuming future rent changes.
- Property preparation. Discuss visible condition, known repairs, access, photography, and disclosure workflow.
- Transaction coordination. Plan document collection, access, and communication with the owner's legal and property management team.
- Marketing approach. Compare broader exposure with a more limited process based on the owner's goals and current conditions.
Owners considering a like kind exchange can review the 1031 planning page, then confirm eligibility, deadlines, and structure with their own qualified intermediary and tax advisor.