New Leadership Brings Strategic Planning to Nation's Leading Qualified Intermediary
Accruit, LLC, the nation’s leading provider of qualified intermediary (QI) services and 1031 Refers to the "nature or character" of the property and not to its "grade or quality." That is, real property held for investment or the productive use in a trade or business may generally be exchanged on a tax-deferred basis for other real property. Personal property held for investment or the productive use in a trade or business may generally be exchanged on a tax-deferred basis for other personal property, provided the personal property is of "like kind" or "like class." Professional tax advice should be obtained when planning exchanges. Like-Kind Exchange (LKE) program solutions, is pleased to announce the addition of Karen Kemerling to the Accruit family as Chief Operating Officer.
Kemerling comes from the Association of PeriOperative Registered Nurses (AORN) where she filled the role of Vice President and Chief Information Officer. Her duties included oversight and management of Customer Service, Software Development, IT Infrastructure, the AORN Journal, and over-all organizational strategies for the non-profit association. Prior to AORN her experience included both large and small public companies spanning a wide range of industries including Technology, Medical Devices, Bioscience, and Aviation.
She holds a Doctorate degree in Management and Organizational Development, a Masters of Science in Information Systems, and Bachelor of Science in Computer Information Systems with a Minor in Electronics.
As COO for Accruit, Kemerling will be responsible for managing the operational aspects of the company (IT, Finance/Treasury, Client Services, and Marketing) and assisting the CEO in aggressive growth strategies for the organization. "Karen's organizational leadership and development experience makes her an invaluable asset for Accruit. We're excited to have her onboard; we know that she'll play an integral role in taking Accruit, our 1031 exchange services, and our various business lines to a new level," said President and CEO of Accruit, Brent Abrahm.
When Karen was asked about her new position she responded, "It's a natural fit for me – my history with previous organizations has given me extensive working experience within the core operational components of a company. I’m passionate about developing and leading high-performance teams that successfully accomplish company, revenue and operational objectives."
Denver, Colorado-based Accruit, LLC is the nation’s leading provider of qualified intermediary and 1031 Like-Kind Exchange program solutions, serving more than 20 industries. The company’s long record of success includes individuals to public Fortune 500s, and has resulted in billions of dollars in deferred tax liability for its clients. Accruit, LLC and PricewaterhouseCoopers (PwC) formed a joint business relationship in 2010 to provide clients the absolute highest level of expertise in 1031 LKE program management. In 2011, Accruit acquired 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 Corp, a national provider of QI and Exchange Accommodation Titleholder (EAT) services, in order to provide the exchange industry with one of the broadest service offerings available. For more detailed company information, please visit our website and follow Accruit on LinkedIn and Twitter.