Blog

45 and 180 Day Extensions for Disaster Areas in Michigan & Utah

on Fri, 08/07/2020 - 13:31 Jordan Born

united states map with Utah and Michigan highlighted

The IRS has issued extensions of exchange transactions under the guidelines set forth around federally declared disasters in Utah and Michigan. Accruit suggests that affected taxpayers consult with their tax and legal professionals as well as confirm on IRS website for any updates.

Read more about 45 and 180 Day Extensions for Disaster Areas in Michigan & Utah

Webinar: Concepts and Benefits of 1031 Exchanges

on Wed, 08/05/2020 - 15:53 Accruit

Brendan Lewis, Senior Director at Accruit, joins Wayne Courreges III of CREI Partners to discuss growing generational wealth through real estate, and how 1031 exchanges are a vital part of the strategic approach that makes this possible.

Read more about Webinar: Concepts and Benefits of 1031 Exchanges

68th Annual Montana Tax Institute

on Thu, 07/30/2020 - 13:44 Accruit

Accruit is a proud sponsor of the 68th Annual Montana Tax Institute. The event will be fully online this year, with a program featuring a distinguished faculty of national tax practitioners and scholars addressing a broad range of current tax topics. Max Hansen, Managing Director at Accruit, will also be hosting a Zoom meeting room, where you can pop in to network, ask questions, or get more information about 1031 exchanges.

The speaker lineup is incredible! The University of Montana Blewett School of Law has curated experts from all over the country to talk about everything from annual tax updates to how COVID has affected the tax landscape. CLE credits are available.

About Max: Max A. Hansen has spent the bulk of his legal career helping taxpayers realize the benefits of 1031 Exchanges, stimulating local economies with each transaction. While you might not believe the tales he spins about his early years on a ranch, on the rodeo circuit or as an attorney, you can trust his almost 40 years’ expertise on 1031 Exchanges. He is...

Read more about 68th Annual Montana Tax Institute

Accruit announces major release of Accruit Exchange Manager(SM) software

on Thu, 07/30/2020 - 13:18 Accruit

Denver, CO--Technological innovation is woven into the operational culture of Accruit. In October 2000, Accruit became the first QI to complete a 1031 exchange1031 exchange via the Internet. It was a groundbreaking approach that paved the way for further innovation.

Leveraging technology to simplify the 1031 exchange process, Exchange ManagerSM offers a paperless workflow, tracking transactions...

Read more about Accruit announces major release of Accruit Exchange Manager(SM) software

Webinar: 1031 FAQ's

on Thu, 07/30/2020 - 11:26 Accruit

Do you have questios about 1031 exchange that you've been afraid to ask? Our subject matter experts are always providing answers to the questions we get. In this live webinar, moderator Brendan Lewis will chat with Martin Edwards, CES®

Read more about Webinar: 1031 FAQ's

Cell Tower & Billboard 1031 Exchanges

on Wed, 07/29/2020 - 11:25 Martin Edwards

split image with cell tower on a hill on the left and a blank billboard along a highway on the right.

There is an active market in the sale of cell towers and billboards. Similar assets such as wind farms, solar arrays, turbines, roof top antennas, and fiber optic cable should be capable of being exchanged in the same manner as cell tower and billboard easements. While some of these assets are valued based upon the value of the lease associated with the asset, an owner’s interestinterest in a lease cannot be the subject of a 1031 exchange1031 exchange .

Read more about Cell Tower & Billboard 1031 Exchanges

Politicians Target 1031 Exchanges

on Fri, 07/24/2020 - 13:49 Max Hansen

As another election draws closer, 1031 exchange1031 exchange reform has become a campaign topic again. We have seen this many times before, and the truth is that 1031 exchanges directly stimulate economic growth and is not a tax shelter for wealthy investors. From funneling revenue to Main Street America, to reducing the cost of capital, 1031 exchange allows Americans to reap the benefits in a variety of ways.

Read more about Politicians Target 1031 Exchanges

Understanding the "Like-Kind" Requirement in 1031 Exchanges

on Wed, 07/22/2020 - 18:09 Brendan Lewis

There are many requirements to ensure for a compliant 1031 exchange. One frequently posed question by potential exchangers pertains to what property is considered "like-kind" to another property. It relates to the term “like-kind” referring to two real estate assets of a similar nature irrespective of class or quality, that (if exchanged by the rules) can be replaced without realizing any taxable gain.

Read more about Understanding the "Like-Kind" Requirement in 1031 Exchanges

Buying and Selling Ranches in Montana

on Tue, 07/21/2020 - 15:56 Accruit

Accruit Managing director Max Hansen is co-Chairing the 5th Annual Buying and Selling Ranches in Montana seminar. Along with Gage Hart Zobell of Dorsey & Whitney, LLP, Max is excited to present a variety of experts to discuss the various aspects of agricultural real estate in Montana. This seminar will be hosted live at the Northern Hotel in Billings, MT and will be available for streaming online.

Read more about Buying and Selling Ranches in Montana

Panel: 1031 Exchange in the time of COVID-19

on Tue, 07/21/2020 - 13:39 Accruit

Accruit Managing Director Max Hansen will be presenting on a panel for the Tax Section of the American Bar Association. He, along with four other 1031 exchange subject matter experts, will be talking about 1031 exchange issues in the era of COVID-19, and how disaster notices from the Treasury have differed from past emergency declarations.

Read more about Panel: 1031 Exchange in the time of COVID-19

Main menu