Run the exchange without hunting through the file.
Satama is for qualified intermediaries. It keeps the exchange, the properties, the deadlines, the documents, the tasks, and the banking activity in one workspace.
The dates and the money are the job.
A missed date can break the exchange.
The 45-day identification window and the 180-day exchange deadline have to stay visible, with a reminder before either one becomes a problem.
The file is split across inboxes and a spreadsheet.
Properties, documents, tasks, and the people working the exchange belong on one record.
You are holding someone else’s money.
Receipts, disbursements, and fees stay against the exchange, so the money movement is not a side workbook.
What the desk actually touches.
A 1031 file is a set of dates, properties, documents, and money movements that have to stay aligned. Satama is that operating record.
The exchange file
Keep the exchanger, the exchange, and the people working it in one record instead of a stack of inboxes.
Properties
Track the relinquished property and the replacement properties as the exchange moves.
Deadlines
Identification and exchange timelines stay visible, with reminders before a date becomes a problem.
Documents and tasks
Agreements, supporting files, and the work around them live with the exchange, including who owns the next step.
Banking activity
Receipts, disbursements, and fees are recorded against the exchange so the money movement is not a side spreadsheet.
Questions about Satama
What does Satama do?
Satama helps qualified intermediaries run 1031 exchanges: the exchange file, properties, identification and exchange deadlines, documents, tasks, and banking activity in one workspace.
Who is Satama built for?
Satama is built for qualified intermediary teams that coordinate exchangers, replacement properties, deadlines, documents, and the money movement around an exchange.
What is at stake if a deadline is missed?
A missed 45-day identification period or 180-day exchange period can disqualify the exchange. Satama keeps those dates visible, with reminders before a date becomes a problem.
How does Satama treat the exchange funds?
The firm is holding someone else’s money between the sale of one property and the purchase of the next. Satama records receipts, disbursements, and fees against the exchange so that movement stays with the file.
Satama is Finnish for harbor.
Exchange funds sit in a safe place between the sale of one property and the purchase of the next. Satama is that harbor for the file: the deadlines, the documents, and the money movement, held where the team can see them.
Talk about the exchange desk.
Tell us how the file moves today.