About Accruit
Revolutionizing 1031 exchanges through world-class service & innovative technologies
Accruit is a national 1031 solutions provider delivering the expertise, technology and infrastructure needed to support 1031 exchanges across the real estate industry.
For more than 25 years, Accruit has combined deep 1031 expertise with specialized 1031 technology to provide solutions for investors, Qualified Intermediaries and real estate professionals. Today, Accruit offers specialized Qualified Intermediary services through Accruit Private Client Group, along with 1031 Business Solutions that help businesses expand their services to offer 1031 exchange services without taking on the operational burden of building out a Qualified Intermediary business, as well as technology to streamline existing 1031 operations.
Expertise Built Around 1031
Since its founding in 2000, Accruit has helped shape the evolution of 1031 exchange services through a combination of industry expertise and technology innovation. From facilitating some of the industry’s early technology-enabled exchanges to developing the industry’s only workflow technology and expanding its Qualified Intermediary services, Accruit has remained focused exclusively on advancing the 1031 exchange experience.
That singular focus has remained a defining characteristic of Accruit. As the largest independent Qualified Intermediary, Accruit operates independently of title companies, banks and other organizations where 1031 services are one component of a broader business. 1031 exchanges have always been at the core of Accruit, driving its specialized expertise, technology and approach to serving the industry.
Accruit became part of Inspira Financial in 2023, adding the resources and infrastructure of a broader financial services organization while continuing to operate with a dedicated focus on 1031 exchange solutions.
Our VISION
To revolutionize how the real estate industry leverages the country’s most effective tax planning strategy to stimulate our economy and create generational wealth.
HISTORY
HISTORY
1031 Exchange Services
Our specialists facilitate all types of real estate 1031 exchanges, including:
- Forward Exchanges
- Reverse Exchanges
- Build-to-Suit and Improvement Exchanges
- Specialty "Non-Safe Harbor" Transactions
Additionally, our team has extensive experience structuring complex 1031 exchanges including the following property types or scenarios:
- Conservation Easements, Permits & Leases
- Oil & Gas and Water & Mineral Rights
- Cell Towers, Solar & Wind Farms and Fiberoptic Cables
- Condominium Deconversions
- Large-scale SFR Exchange Programs
- 1031/721 UPREIT Acquisitions
1031 Exchange Technology
QI Connect, Integrated 1031 exchange platform
QI Connect is an integrated 1031 platform designed for real estate professionals and other businesses that want to add 1031 exchange services to their existing client offering.
Accruit provides the back-office Qualified Intermediary functions, technology, expertise and operational infrastructure while the business maintains its client relationships and expands its service offering.
Licensed Software, Exchange Manager Pro℠
Accruit’s customized technology, Exchange Manager Pro℠ is a 1031 exchange technology solution, hosted on Microsoft Azure. Exchange Managed Pro℠ 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 Exchange Manager Pro℠ 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, assignments, and notifications
- Data Security through electronic document execution for a paperless process
Exchange Manager Pro℠ 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.
Advocacy
As a Board-level member of the Federation of Exchange Accommodators (FEA), Accruit is actively involved in the association’s efforts in Washington, DC to engage and educate legislators and others on the value that 1031 Exchanges 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.
- Steve Holtkamp, Accruit's President, is a current FEA board member and Vice President
- Mark Adams, Managing Director, joins Steve as 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 1031 Exchanges
- Using 1031 Exchanges as a Sales Tool
- Advanced 1031 Exchange Concepts
- Estate Planning with 1031 Exchanges
- State Specific Real Estate Continuing Education Courses
We are happy to meet with you and your team, whether in your office or virtually, to help your team better understand 1031 Exchanges and how to offer them to your customers.
Our team of 1031 Exchange Subject Matter Experts and Sales Executives are available to co-present on one of your webinars as well.
Inspira financial Acquisition
In April 2023, Accruit completed the strategic sale to Inspira Financial allowing for accelerated growth and additional opportunities to continue revolutionizing the 1031 exchange industry.
GROWTH
North Star Deferred Exchange
Founded in 1998 by principal Martin Edwards, North Star Deferred Exchange provided Qualified Intermediary (QI) and Exchange Accommodation Titleholder services for 1031 real property exchanges, as well as QI services for more than 20 like-kind exchange program partners involving bulk personal property—until such transactions were excluded from 1031 treatment under the Tax Cuts and Jobs Act (TCJA) of 2017. Following Accruit’s acquisition of North Star in 2011, leveraging Marty’s long experience with real property exchanges the company began facilitating such exchanges, and Marty Edwards joined the Accruit team as Managing Director.
Bankers Escrow
One of the largest full service escrow companies in Colorado, Bankers 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.
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 Managing Director 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 Accommodators and still serves on the FEA Board of Directors and the Government Affairs Committee.
Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the financial journey.
They work with businesses and individuals to create a brighter future for all. Helping more than 7 million people save and invest.
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