Operationalize 1031 Exchanges

Operationalize the disposition and acquisition of properties across the US by leveraging Accruit a leading national Qualified Intermediary and state-of-the-art technology, Exchange Manager Pro℠.

Manage Tax and Distributions with a 1031 Exchange Program

BENEFITS

  • Optimize portfolio by disposing of underperforming, low cost basis properties for more lucrative properties without tax implications
     
  • Redeploy and leverage cashflow into more productive markets without a taxable event
     
  • Rebalance portfolio markets per organizational guidelines
     
  • Proactively manage distributions to REIT investors

Exchange Manager Pro℠

" 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 technology makes the 1031 transaction workflow very smooth and fast in tracking all the deadlines, documents and at the end of the transaction it produces a final report which help with filing the 8824 forms for the reporting the transaction to the IRS."

- Chief Accounting Officer, REIT

The Process

Exchange Manager Pro℠ automates the 1031 Exchange process through embedded controls. All documents, data, and timelines are tracked and visible in real-time. Each transaction is accessible by all parties 24/7.

 

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Property Disposition

Sell one, or several, properties across the US utilizing a 1031 exchange

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Timeline

Completed sale starts 1031 exchange timeline. ID new property(ies) within 45 days, and acquire within 180 days

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Electronic Processes

All exchange documents and communications are auto-generated with secure, digital document execution

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Property Acquisition

Acquire one, or several, properties across multiple states to complete 1031 exchange

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Reporting

Transparency & access to data and reports for Tax, Accounting, and Asset Management Departments through the system

Partner for Success

TRUSTED STEWARDS OF CAPITAL

Experience managing up to $9 billion annually in exchange transactions

Successful history of relationships with Fortune 500 companies

Industry leading safety and security of exchange funds:

$50 million Fidelity Bond

$25 million Errors & Omission

$15 million Cyber Liability

Subsidiary of Millennium Trust Company with over $70 billion in assets under custody

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Service Offerings

TYPES OF 1031 EXCHANGES

Real estate transactions come in all shapes and sizes, 1031 exchanges are no different. 

There are multiple types of 1031 exchanges that are suitable based on the specific circumstances of the real estate transactions, each type accomplishes tax deferral.

 

Reverse
Exchange

Opposite of the Traditional

Buy First, Sell Second

 

Considerations

Useful in a Individual or entity that owns replacement property desired by the taxpayer. Seller 's Market when inventory is low and competition is high.

Specialty
Transactions

Reverse transactions that fall outside of the 180 day period, therefore deemed "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
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Considerations

Varies by situation and requires extensive planning and consideration