About American Equity Exchange
A collaboration of legal and business experts with knowledge of Internal Revenue Code Section 1031, American Equity Exchange, Inc. managed thousands of successful exchanges from 1991 to 2018. Located in Dillon, Montana, American Equity Exchange coordinated everything from simple exchanges to the most intricate and demanding of transactions and developed a strong bond with taxpayers and tax and real estate professionals nationwide. As an active member of assorted land title and real estate associations, American Equity Exchange assisted taxpayers throughout the United States in completing successful tax deferred exchanges.
Accruit's 2018 acquisition of American Equity Exchange provides clients access to an expanded array of resources including more in-house attorneys, CPAs, certified exchange specialists, banking experts and Exchange Manager, unparalleled exchange processing technology.
American Equity Exchange President and CEO, Max Hansen
Max A. Hansen, former president and CEO of American Equity Exchange and now executive vice president at Accruit, has actively practiced law since 1976. He has served as president of the Montana State Bar Association and remains an active member. He is also an active member of the State Bars of California, Utah and Idaho, and he served as a member of the House of Delegates of the American Bar Association.
For 42 years Max represented clients in real estate transactions, including 1031 exchanges. He is a past president of the Federation of Exchange Accommodators and still serves on the FEA Board of Directors and the Government Affairs Committee. He is also a member of the Tax Section of the American Bar Association and sits in on the Sales Exchange and Basis Committee of the Section. Max has conducted seminars and appeared on panels of experts before various groups and organizations throughout the U.S.
American Equity Exchange Staff
The staff of American Equity Exchange, now Accruit employees, are dedicated professionals in their own right. They have worked in the 1031 exchange trenches, managing everything from the simplest exchanges to complicated build-to-suit exchanges and parking arrangements.
- Michele Smith, Client Services Coordinator
- Shanda Turner, Client Services Coordinator
Our Real Estate & Franchise Exchange Services
- Forward Exchange: In a forward exchange, or forward delayed exchange, the exchangor first sells the relinquished property, then acquires the replacement property within the earlier of 180 days of the sale date or the tax filing due date.
- Reverse Exchange: When an exchanger is unable to sell the relinquished property before purchasing the replacement asset, the exchanger can structure the transaction as a reverse exchange using an Exchange Accommodation Titleholder.
- Improvement or Build-to-Suit Exchange: When a taxpayer wishes to acquire property on which improvements must be made or renovations completed, they may include this work as part of their exchange replacement property by utilizing a build-to-suit or improvement exchange. Such exchanges may be either forward or reverse in nature.
- Non-Safe Harbor Parking Arrangements: Some reverse exchanges may require a longer parking period than the 180 days afforded by the safe harbor set forth in Revenue Procedure 2000-37. In those situations Accruit is able to structure the transaction to allow for a longer parking period for the property.
