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Blog

Home » Blog

Accruit Elects new Board Chairman

on Thu, 09/19/2019 - 08:57   Elina Manevich

Denver, CO – August 19, 2019 Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kind exchanges announced multiple board appointments today. Joseph C. Lane, who has been on the board of directors at Accruit since September 2007, accepted a new role of Chairman of the Board of Directors.

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Accruit Poised for Growth with New Key Leadership Hires

on Thu, 07/18/2019 - 10:00   Elina Manevich

Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kindexchanges announced two new leadership hires today. Britton Goldman joined Accruit in a newly created role of Controller, to strengthen and automate Accruit’s finance, treasury and accounting processes.

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Accruit Divests Ownership and Use of PaySAFE Name

on Wed, 05/22/2019 - 14:43   Mark Flanagan
Accruit logo

Denver --  Accruit, LLC announces today that it has divested its ownership and the use of the name and mark PaySAFE. Should Accruit choose to offer future transactions similar to those previously provided under the PaySAFE name, those transactions will be managed under the mark and name of Accruit or other entity not utilizing the name PaySAFE.

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Accruit Announces Formation of Technology Advisory Board

on Wed, 05/01/2019 - 09:50   Mark Flanagan
Sean Stevens - Lead Advisor Accruit Technology Advisory Board

Accruit, a financial technology company and qualified intermediary specializing in 1031 exchange services, is pleased to announce its newly-formed technology advisory board, a strategic committee of technology experts.

Denver, CO – Accruit’s newly...

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Selecting the Entity for a Real Estate Purchase – Limited Liability Companies

on Thu, 04/04/2019 - 17:05   Jordan Born
LLC as entity for owning real estate

In our fourth and final installment of our continuing series on entity selection for owning real estate, we will address the business and tax law considerations concerning limited liability companies.

What is a Limited Liability Company?

Limited liability companies (LLCs) are the most popular choice of organizational form because of the inherent flexibility in most state statutes that enhances the ability of the entity to adopt features that best serve its objectives. LLCs are a very common choice for owning real estate because of their tax treatment, limited liability and flexibility in allocating power structure and management responsibilities.

The best way to understand the unique features of an LLC is to distinguish it from the other entities we’ve discussed in Parts I – III in this blog series. The principal purpose of the LLC is to obtain favorable tax benefits along with the limitation...

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FEA 2019 Mid-Year Meeting and Hill Visit

on Mon, 03/11/2019 - 11:44   Mark Flanagan
FEA Mid-Year Conference and Capitol Hill Meetings

Accruit Executive Vice President Max Hansen and Associate General Counsel Jordan Born are in Washington, DC for the Federation of Exchange Accommodators' mid-year meeting. On March 12, they will participate in educational sessions on topics surrounding taxes and opportunity zones. On March 13, FEA members will visit Capitol Hill to discuss the importance of 1031 exchanges with members of Congress and their staff.

View the FEA 2019 Mid-Year Meeting Schedule

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Buying and Selling Ranches in Montana - Seminar

on Wed, 03/06/2019 - 11:52   Mark Flanagan
Buying and Selling Ranches in Montana - Seminar

Accruit Executive Vice President Max Hansen is program co-chair of this fourth annual seminar designed to provide insight into those issues most commonly faced when buying and selling ranches in Montana.

This seminar and its carefully selected faculty is designed to provide insight into issues most commonly faced when purchasing agricultural assets in Montana, including: public access, environmental issues, water rights, due diligence problems, financing, and succession planning.  Anyone involved in the buying and selling of agricultural properties in Montana would be well served to attend and catch up on the latest in buying “a piece of heaven.”

Buying and Selling Ranches in Montana seminar registration page.

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Joseph Lane Named Vice Chairman of Napier Park

on Wed, 02/20/2019 - 11:31   Mark Flanagan
Joseph Lane

Accruit board member Joseph Lane was named vice chairman of Napier Park Global Capital and appointed to the firm's leadership team as a member of the Management Committee.

A managing director in Napier Park's Real Assets group, Joe has over 35 years of experience in financial services. He has previously served as CEO of GE Technology Finance and as president of IBM Credit Corporation. Joe has been director and chairman of the Equipment Leasing and Finance Association (ELFA), and chairman of the Equipment Leasing and Finance Foundation. He was elected to the Equipment Finance Hall of Fame in 2015.

Read the full article in the Monitor Daily.

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Accruit Exchange Manager Simplifies 1031 Exchange Process

on Tue, 02/19/2019 - 00:00   Mark Flanagan
The Accruit Exchange Manager

Denver -- Accruit, a trusted managed service provider of 1031 exchanges, announced that, since its latest release in 2018, the Accruit Exchange ManagerSM (Exchange Manager) has processed more than a thousand like-kind exchanges in 38 states plus the District of Columbia. With this application, investors and their advisors can efficiently and securely manage 1031 exchange transactions that provide capital gains tax deferral and increased cash flow.

Exchange Manager features include paperless processing, deadline-tracking and automated exchange notifications. Data may be entered directly into the application to generate all required exchange documents and give clients, their...

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ASFMRA Montana Chapter Annual Meeting

on Mon, 02/18/2019 - 07:21   Mark Flanagan
Max Hansen discusses tax deferral 1031 exchanges

Accruit Executive Vice President Max A. Hansen will be speaking at "Valuing Rural America," the Montana chapter of the American Society of Farm Managers & Rural Appraisers' (ASFMRA) annual meeting. The event takes place February 18, 19 and 20 in Bozeman, Montana; Hansen will discuss 1031 like-kind exchanges in a presentation titled, "Back to Earth: The Current State of Sec. 1031 Exchanges" on Wednesday, February 20.

More information about the event is available on the ASFMRA registration page....

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