Under Revenue Procedure 2000-37, title to a relinquished or replacement property may be “parked” with an Exchange Accommodation Titleholder (EAT) until the taxpayer is able to sell the parked property to an unrelated party as part of a regular forward 1031 exchange . When the reverse exchange involves the parking of a replacement property, the relinquished property needs to be sold as part of a regular forward exchange. After the sale of the relinquished property as part of a forward exchange, exchange funds are received, exchange funds are received by the qualified intermediary

Denver, CO – August 19, 2019 Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kind exchanges announced multiple board appointments today. Joseph C. Lane, who has been on the board of directors at Accruit since September 2007, accepted a new role of Chairman of the Board of Directors.

Denver -- Accruit, LLC announces today that it has divested its ownership and the use of the name and mark PaySAFE. Should Accruit choose to offer future transactions similar to those previously provided under the PaySAFE name, those transactions will be managed under the mark and name of Accruit...

In our fourth and final installment of our continuing series on entity selection for owning real estate , we will address the business and tax law considerations concerning limited liability companies. What is a Limited Liability Company? Limited liability companies (LLCs) are the most popular...

Accruit Executive Vice President Max Hansen is program co-chair of this fourth annual seminar designed to provide insight into those issues most commonly faced when buying and selling ranches in Montana. This seminar and its carefully selected faculty is designed to provide insight into issues most...