ABOUT
Accruit is now a proud member of the Inspira Financial family of companies, offering 1031 Exchange Qualified Intermediary services and technology solutions.
For over 23 years, Accruit has been a national, leading 1031 exchange Qualified Intermediary and The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Accommodation Titleholder, specializing in all types of 1031 exchanges from simple to the most complex.
We specialize in this complex, tax deferral strategy to help preserve wealth, build investments, and secure financial wellbeing. Through our modern technology systems, comprehensive set of solutions, and highly credentialed subject matter experts, you can feel confident that the job will be done to the highest standards.
Patented 1031 Exchange Software
Accruit’s customized technology, The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Manager ProSM is a patented 1031 exchange technology solution, hosted on Microsoft Azure. The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Managed ProSM achieved SOC 2 Compliance after successfully completing a System and Organization (SOC) 2, Type II audit, achieving compliance with the industry leading standards for customer data security.
Benefits of The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Manager ProSM include:
- Improved accessibility with 24/7 secure, online access to all 1031 exchange data, documents and reports
- Increased efficiency through improved process flow and single-entry data
- Simplified Document Creation: Auto-generates all required exchange agreements, assignment, and notifications
- Data Security through electronic document execution for a paperless process
The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Manager ProSM drives bottom line results, consistent delivery of services, and state of the art security through efficient workflows and the automation of routine, repetitive processes supported by industry professionals.
1031 Exchange Services
Our specialists facilitate all types of real estate 1031 exchanges, including:
- Forward The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange s
- Reverse The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange s
- Build-to-suit and Improvement The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange s
- Specialty "Non- A safe harbor generally refers to a fact situation where under traditional tax or legal principles the proposed transaction, or part of a transaction, would be prohibited. If an otherwise prohibited transaction can be structured pursuant to an IRS promulgated safe harbor, the IRS agrees not to challenge the structure as to form. Safe Harbor Reverse" Transactions
In addition, our team has extensive experience structuring complex 1031 exchanges including some of the following property types or scenarios:
- Ag Land
- Ranches
- Farmland
- Conservation Easement is the right to use the real property of another for a specific purpose. The easement is itself a real property interest, but legal title to the underlying land is retained by the original owner for all other purposes. Typical easements are for access to another property, for utility or sewer lines both under and above ground, use of spring water, entry to make repairs on a fence or slide area, drive cattle across and other uses. Easements can be created by a deed to be recorded just like any real property interest. Easement s
- Permits & Leases
- Water & Mineral Rights
- Energy and Infrastructure
- Cell Towers
- Solar & Wind Farms
- Fiberoptic Cables
- Commercial Spaces
- Condominium Deconversions
- Large-scale Single-Family Rental The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Programs
- 1031/721 REIT Acquisitions
To learn more our like-kind exchange services, contact us!
Advocacy
As a Board-level member of the Federation of Exchange Accommodators (FEA), Accruit is actively involved in the association’s efforts in Washington D.C. to engage and educate legislators and others on the value that Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange s represent to the nation’s economy.
Brent Abrahm, Accruit’s CEO, is a past FEA President and former Co-Chair of the FEA’s Government Affairs Committee.
Max A. Hansen, one of Accruit’s Managing Directors, is a past FEA President, former Co-Chair of the FEA’s Government Affairs Committee and still an active member on the Committee.
David Gorenberg, one of Accruit's Managing Directors, is a past FEA President and former Co-Chair of the FEA's Ethics Committee.
Steve Holtkamp, Accruit's Senior Managing Director and CFO, is a current FEA board member.
Education and Training
As part of our mission to educate on and advocate for the 1031 industry, we regularly host webinars and trainings on a variety of topics, including:
- Concepts of Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange s
- Using a Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange as a Sales Tool
- Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange for Residential Brokers
- Advanced Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange Concepts
- Mechanics of Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange s
- Estate Planning with Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange s
And many more! We are happy to meet with you and your team, whether in your office or virtually, to help your team better understand Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange s and how to offer them to your customers.
Our team of Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange Subject Matter Experts and Sales Executives are available to co-present on one of your webinars as well.
HISTORY
On September 30th, Accruit completes the stock acquisition of North Star A 1031 exchange conducted under the safe harbor 1991 Treasury Regulations wherein the replacement property is received up to 180 days after the disposition of the relinquished property. Typically what people mean when referring to a 1031 exchange, Starker exchange, like-kind exchange, delayed exchange, etc. Deferred Exchange (NSDE), led by Martin Edwards, headquartered in Chicago, Illinois, from BMO Financial Corporation. Since 1997, North Star A 1031 exchange conducted under the safe harbor 1991 Treasury Regulations wherein the replacement property is received up to 180 days after the disposition of the relinquished property. Typically what people mean when referring to a 1031 exchange, Starker exchange, like-kind exchange, delayed exchange, etc. A 1031 exchange conducted under the safe harbor 1991 Treasury Regulations wherein the replacement property is received up to 180 days after the disposition of the relinquished property. Typically what people mean when referring to a 1031 exchange, Starker exchange, like-kind exchange, delayed exchange, etc. Deferred Exchange LLC has been a national provider of QI and Exchange Accommodation Titleholder (EAT) services for complex exchanges of both real and personal property, specializing in reverse, build-to-suit and improvement exchanges. Included in this acquisition is NSDE's Independent Director/Independent Manager Services.
GROWTH
Accruit completed the strategic sale to Millennium Trust Company allowing for accelerated growth and additional opportunities to continue revolutionizing the 1031 exchange industry.
American Equity Exchange
Founded by Max Hansen in Dillon, Montana, American Equity Exchange managed thousands of successful exchanges from 1991 to 2018. Max Hansen, now executive vice president at Accruit, represented clients in real estate transactions, including 1031 exchanges, for 42 years. Hansen has actively practiced law since 1976, is a past president of the Federation of Exchange Same as intermediary, facilitator, or Qualified Intermediary. The party who facilitates a tax-deferred exchange by acquiring and selling property in an exchange to aid the taxpayer in complying with Section 1031 and all applicable rules. Accommodator s and still serves on the FEA Board of Directors and the Government Affairs Committee.
Bankers Escrow
One of the largest full service escrow companies in Colorado, Bankers An escrow agreement provides for the placement of money or other assets in the control of an independent third party in order to protect the parties involved in a transaction. The funds or assets are held by the escrow agent until it receives the appropriate instructions or until predetermined contractual obligations contained in the escrow agreement have been fulfilled. Escrow has facilitated tax and insurance reserves, installment land contract and wrap-around mortgage servicing, lease to purchase arrangements, software code escrows, and document and cash holding escrows since 1991.
North Star Deferred Exchange
North Star A 1031 exchange conducted under the safe harbor 1991 Treasury Regulations wherein the replacement property is received up to 180 days after the disposition of the relinquished property. Typically what people mean when referring to a 1031 exchange, Starker exchange, like-kind exchange, delayed exchange, etc. Deferred Exchange has provided Qualified Intermediary (QI) and Exchange Accommodation Titleholder (EAT) services for exchanges of real and personal property since 1991.
Inspira Financial
MEMBERSHIPS
FEA
Accruit is a board-level member of the Federation of Exchange Accommodators (FEA) and active in the organization’s efforts to engage and educate legislators and others on the value that 1031 exchanges represent to the nation’s economy.
We have five past presidents of the FEA on our staff, as well as active members of the government affairs committee, and our team is regularly tapped to present at the FEA annual conference as subject matter experts.
Montana Chamber of Commerce
Accruit has been a member of the Montana Chamber of Commerce for many years (as American Equity The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange ). Our team in Dillon, MT enjoys networking with other local businesses in and around our office there.
Denver Metro Association of Commercial Realtors
Accruit has worked with the Denver Metro Commercial Association of REALTORS®, from sponsoring awards luncheons to training the commercial real estate force in the Denver Metro area.
REALTORS® Land Institute
Accruit's team includes proud members of the REALTORS® Land Institute.
American Land Title Association
Accruit has been a proud member of ALTA, American Land Title Association, for numerous years.
American Bar Association
Accruit has five valued team members that are also members of the American Bar Association.
Summit REALTORS®
Accruit is a proud member of Summit REALTORS®.
As a leading advocate of their unique local real estate industry, Summit REALTORS® provides REALTOR® members with the education & technology that enables them to conduct business competently and professionally.
Summit REALTORS® promotes and enforces ethical standards, encourages real property ownership and improves the quality of their community.
Advocus (formerly ATG®)
Advocus, formerly Attorneys' Title Guaranty Fund, Inc. (ATG®) was founded in 1964 by a group of Illinois lawyers concerned about the erosion of the lawyer's role in real estate transactions. They are the only Bar-Related® title insurance company — their agents are lawyers who issue title insurance policies as part of their law practices — in Illinois.
Advocus is widely known as an advocate for lawyers and the clients they serve. Through the years, their goal has remained the same: "To provide our agents with a level of support and services that empowers them to give their clients high-quality legal assistance with real estate transactions — including title insurance and related services."
California Land Title Association
Rental Property Owners Association
What our customers think about us
I attended Dylan Johnson's 1031-Exchange class at NOCBOR and was thoroughly impressed. Dylan made the complex world of 1031 exchanges clear, emphasizing the need for professional advice, which was incredibly valuable. Greatly appreciated the insight & information!
Very detailed presenter. Looking to book him myself for a training for our company now.
Dylan presented a great workshop at NOCBOR and has comprehensive knowledge on 1031 exchanges!
Very informative!
The 1031 Presentation by Dylan was fantastic! Learned so much.