Accruit is the nation’s leading qualified intermediary for personal property exchanges, specializing in high-volume like-kind exchange programs and providing taxpayers a single facilitator for all types of real estate, personal property and franchise exchanges. Accruit provides the broadest service offering in the 1031 industry with specialized and dedicated teams for each of our areas of concentration.
Internal Revenue Code Section 1031 allows property owners to defer the taxes associated with the sale of their real estate that has been held for business or investment purposes when the proceeds are reinvested in replacement property.Read More
1031 exchanges, or like-kind exchanges, are not limited to exchanges of real property. Exchanges of personal property assets that are held for use in a trade or business or for investment purposes are equally viable and often underutilized.Read More
Companies with ongoing exchanges of multiple depreciable assets such as trucks, tractors, trailers, construction or agricultural equipment or rail cars benefit by incorporating a 1031 like-kind exchange program into their asset management and tax strategies.Read More