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R.W. Moore Equipment Company, founded in 1962, and representing John Deere, ASV, Takeuchi, Morbark,
Sakai and Boxer, has selected Accruit as its 1031 Like-Kind Exchange service provider.
R.W. Moore's integrated, repetitive Like-Kind Exchange program will enable the company to
maximize cash flow thereby allowing for greater investment into growing its business.
"We selected Accruit as our Like-Kind Exchange provider because their service is comprehensive,
their client service reputation is top-notch, and obviously represents a best practice for us and
the construction industry," said Dan Moore, R.W. Moore President. "In addition, we
believe Accruit's service will enable us to maintain our competitive edge and provide us with
additional cash to grow our business."
R.W. Moore joins Accruit's growing clientele of heavy equipment dealers that are reaping the
benefits of tax deferral using Accruit's Like-Kind Exchange services. Scalable to meet the needs
of companies with a small fleet or a fleet of thousands, Accruit provides a full range of services
including single exchanges, reverse exchanges, and full-service repetitive exchange programs.
Accruit manages over 250,000 LKE transactions each year and has over $4 billion in client assets
under management.
"We are honored to earn the business of another John Deere dealership. We look forward to
working with Dan and his team and to providing our service in the years to come," said Brent
Abrahm, President and CEO of Accruit.
Doug Queen, Controller for R.W. Moore, added "Accruit's Like-Kind Exchange services just
make sense for our business as a tax deferral strategy and method to fund corporate growth. In
addition, Accruit's high-level of corporate integrity coupled with their commitment to service
provides us with peace of mind that our funds are being handled with the utmost care and
security."
R.W. Moore Equipment Company is an authorized dealer for John Deere construction and forestry
machines as well as marine engines. In addition to John Deere equipment, the company is also an
authorized dealer of Sakai vibratory rollers, ASV Posi-Track skid-steers, Takeuchi skid steer and
mini-excavators, Boxer equipment, Kent Demolition tools, Morbark chippers and grinders and Bell
equipment. With six locations that serve over half of North Carolina from the Triangle region to
the coast, the company also has 49 field service vehicles manned by experienced technicians who
are factory-trained experts. Visit www.rwmoore.com or call
1-800-849-8899.
Accruit, LLC, headquartered in Denver, Colorado, is the leader in personal property Like-Kind
Exchange services and is the only fully integrated Qualified Intermediary to provide a
patent-pending process and outstanding 24/7 customer service. Accruit�s services include single
exchanges, reverse exchanges and repetitive exchange programs. Accruit is the exclusive provider
of 1031 Like-Kind Exchanges for Ritchie Bros. Auctioneers (RBA) and
the preferred provider of 1031 Like-Kind Exchanges for AED and Idealease, with additional endorsements from the RSM McGladrey
Network, NationaLease, Manitowoc Crane Group, and Mitsubishi Caterpillar Forklift America. Accruit
is a member of numerous associations including Associated General Contractors of America
(AGC), Construction Financial Managers Association
(CFMA), Equipment Leasing & Finance Association
(ELFA). Accruit is also a member of the Federation
of Exchange Accommodators (FEA), the country's only association for Qualified Intermediaries and
the LKE industry (www.1031.org). For more
information contact us or call 877-793-9215.
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