Accruit: Safety and Security of Funds
Accruit is a national Qualified A person acting to facilitate an exchange under section 1031 and the regulations. This person may not be the taxpayer or a disqualified person. Section 1.1031(k)-1(g)(4)(iii) requires that, for an intermediary to be a qualified intermediary, the intermediary must enter into a written "exchange" agreement with the taxpayer and, as required by the exchange agreement, acquire the relinquished property from the taxpayer, transfer the relinquished property, acquire the replacement property, and transfer the replacement property to the taxpayer. Intermediary (QI) and member of the Millennium Trust family of companies. Learn more about working with Accruit as your 1031 service provider and feel confident that your exchange funds are safe and secure with our team of industry experts. View and download the flyer by clicking the link below.