1031 Exchanges: Transforming Tax Liability Into Cash Flow
Accruit is a leading full service Qualified Intermediary and developer of the industry’s only patented Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange technology. Founded in 2000 and acquired by Millennium Trust in 2023, Accruit has gained the trust of thousands of clients and become a leader in the industry through its highly credentialed experts, consistent delivery of service, innovative technologies, robust security protocols and financial strength.
At Accruit we are proud to help individuals and business transform their tax liability into cash flow for future investment in real estate that will be held for investment or business use. Read more about Accruit and our services in this marketing piece.