Synthetic Sample data — Matt Belcher, 456 Sunset Blvd (not real NPI)
This is the mobile experience your clients get when your firm runs on Open1031. The 45-day and 180-day clocks run themselves. Funds stay in segregated, bonded escrow held by the licensed QI. Neela answers every question with the actual exchange context loaded.
All exchange types
Manual practices charge a premium for reverse and improvement exchanges — or decline entirely. Open1031 automates all four types, plus DST identification. Tap any type to see how.
Sell your relinquished property first, then identify replacement within
45 days and close within 180 days — the classic delayed exchange.
Anchored to IRC §1031 and
Treas. Reg. §1.1031(k)-1.
Tracks your 45- and 180-day clocks on a spreadsheet. Reaches you by phone during business hours. A missed callback can make the sale fully taxable.
A durable 45-day identification watcher and 180-day close guard run 24/7. They escalate early and never depend on someone remembering. Complete audit trail.
Buy your replacement property before you sell — an Exchange Accommodation Titleholder (EAT / SPE LLC) parks title inside the Rev. Proc. 2000-37 QEAA safe harbor. They said reverse couldn't be automated. We did it.
Most refuse or charge steep premiums. Coordinating the EAT/SPE LLC and the 5-business-day QEAA window is operationally hard — many hand it off to an attorney at extra cost.
Automates the QEAA parking structure end-to-end: EAT/SPE LLC formation, the 5-business-day window, and the 180-day parking clock — all as durable workflows.
Use exchange funds to build or improve the replacement property while an EAT holds title — so the improvements count toward your reinvestment and the exchange qualifies under §1031.
Few will touch build-to-suit. Coordinating EAT-held title, draw schedules, and the 180-day window across contractors by phone and email is error-prone.
Title sits with the EAT while exchange funds construct improvements on a tracked draw schedule. The 180-day clock, escrow movement, and multi-party fund-release approvals are fully orchestrated and audited.
A same-day swap where the relinquished and replacement properties close concurrently. Zero margin for a missed handoff — any timing slip can break the exchange.
Coordinating multi-party closings through phone and email leaves zero margin. Any missed handoff can invalidate the exchange.
Sequences the concurrent closings, escrow instructions, and e-signatures as a single deterministic workflow. No fund ever touches an Open1031 employee.
Go fully passive. One DST interest counts as one identified property. Optional 721 UPREIT exit to REIT shares. Open1031 coordinates DST identification inside your exchange — with your context loaded — while the securities transaction is facilitated through licensed third-party broker-dealers/advisors.
Defer the tax, then get referred to a separate advisor for passive options. A handoff that loses context, adds fees, and burns into the 45-day identification window.
When your QI runs on Open1031, DST identification and the optional 721 UPREIT exit are coordinated inside the same platform with your exchange context loaded; the securities transaction is facilitated through licensed third-party broker-dealers/advisors.
Most practices are humans tracking deadlines. Open1031 is durable automation and a named AI guide, built around the licensed QI's fiduciary control — in one platform.
A 45-day identification watcher and 180-day close guard run 24/7 on our durable workflow engine. No spreadsheet, no callback, no human forgetting to check the calendar. Anchored to Treas. Reg. §1.1031(k)-1.
Exchange proceeds sit in segregated, bonded qualified escrow held by the licensed QI — not a commingled pool. No single actor — at the QI or at Open1031 — and no non-fiduciary code path can move funds. Money moves only via multi-party-approved workflow.
Not a replacement for the QI. Open1031 is the software platform licensed Qualified Intermediaries run their practice on — so reverse exchanges, improvement structures, and DST identification all happen inside one regulated platform, under your brand.
Comparison represents category-level differences between Open1031-powered and manual-ops workflows. Individual firms vary. Claims based on publicly described operating models. The QI remains the licensed fiduciary of record either way.
Exchange proceeds sit in segregated, state-bonded qualified escrow held by the licensed QI of record — never an Open1031 account. Real-time visibility. Multi-party approval to move a single dollar. Neela guides; the licensed QI holds; the AI never moves money.
Exchange proceeds are wired directly from your closing to a segregated, bonded qualified escrow account held by the licensed QI of record — never to Open1031. No single actor — at the QI or at Open1031 — and no non-fiduciary code path has unilateral authority to move funds. Fund movement is a multi-party-approved durable workflow, creating an immutable record and satisfying the IRC §1031 constructive-receipt firewall.
Controls are mapped across all five Trust Services Criteria (Security, Availability, Processing Integrity, Confidentiality, Privacy). Formal audit is in progress — we will not claim "SOC 2 Type II certified" until the independent auditor completes its review.
GLBA Safeguards Rule governs how we protect your NPI. KYC runs as a security workflow; where the licensed QI opens a KYC request, an authorized officer records the decision. OFAC SDN screening runs as a workflow on the exchanger and the parties added to an exchange. The licensed QI files SARs and owns the BSA/AML program; suspicious-activity scoring and SAR-support tooling are planned. SSN stored as last-4 + hash only.
California SB 1007 requires a fidelity bond and errors-&-omissions insurance for QIs operating in CA. Bonding belongs to the QI of record and varies by firm and state — see the Trust & Compliance page for current per-state status. Exchanges in states with active bonding requirements are accepted only where the QI's bonding is in place.
Ready to start?
Set up an exchange in minutes — you'll be set up with a licensed QI on the platform. Neela walks every step, deadlines watch themselves, and the audit trail writes itself.
