Mark Flanagan

House Agriculture Committee Advocates on Behalf of Section 1031

In June, two members of the House Agriculture Committee, Representative Bob Gibbs (R-OH) and Representative David Rouzer (R-NC), and 17 other congressmen and congresswomen wrote a letter to House Ways and Means Committee Chairman Kevin Brady (R-TX) urging the committee to help preserve 1031 like-kind exchanges. The letter, attached below, called Section 1031 "integral to [its] operations and ongoing vitality."

What is a 1031 exchange? Infographic

They say a picture is worth a thousand words. In this infographic, we've broken the 1031 exchange process into a series of simple steps:

Accruit Announces Promotion of Karen Kemerling to President


Accruit, LLC, the nation’s leading provider of qualified intermediary (QI) services and 1031 like-kind exchange (LKE) program solutions, today announced the promotion of Karen Kemerling to the position of president.

What are Valid 1031 Exchange Selling Expenses?

When selling or purchasing an investment property in a 1031 exchange, certain selling expenses paid out of the sales or 1031 exchange proceeds will result in a taxable event for the exchanger. Routine selling expenses such as broker commissions or title closing fees will not create a tax liability. Operating expenses paid at closing from 1031 proceeds will create a tax liability for the exchanger.

Accruit Offers Continuing Education Credit for Real Estate

Denver, Colorado – January 20, 2015

Accruit, the nation’s leading provider of qualified intermediary and 1031 like-kind exchange program solutions, offers broker-accredited 1031 Exchange workshops for real estate continuing education credit. These complimentary classes are appropriate for anyone interested in better understanding the processes and requirements for the execution of successful 1031 real estate exchanges, including realtors and real estate agents, investment property owners, certified financial planners, accountants, and attorneys.

PwC and Accruit Celebrate Five Years in Unified Like-Kind Exchange Practice

Denver, Colorado -- December 8, 2015

In November 2010, PwC and Accruit joined forces to provide comprehensive 1031 like-kind exchange (LKE) programs that combine PwC’s LKE tax and technology capabilities with Accruit’s qualified intermediary (QI) expertise.

With more than 30 years of like-kind exchange experience between them, the two companies deliver integrated 1031 like-kind exchange program services to more than 170 clients across 20 industries.

Accruit Strengthens Innovation Commitment with Addition of Software Development Leader

Denver, Colorado – November 3, 2015

Accruit, the nation’s leading provider of qualified intermediary (QI) services and 1031 like-kind exchange (LKE) program solutions, is pleased to announce the addition of Dan Green as director of technology and operations.

Dan is a technical leader with 18 years of experience in software development, Agile coaching, and change facilitation. He holds a Bachelor of Arts degree from the University of Colorado at Boulder, and he maintains the certification of Scrum Master, Certified Scaled Agile Framework Consultant, GE Six Sigma Green Belt, and GE Change Acceleration Process (CAP) Facilitator.

AED Names PwC and Accruit as Preferred Providers of Like-Kind Exchange Services

Oak Brook, Illinois – October 19, 2015

Associated Equipment Distributors (AED) has announced that PricewaterhouseCoopers LLP (PwC US) and Accruit have been named the preferred providers of like-kind exchange (LKE) services to their membership. PwC and Accruit have both been supporting members of AED for over a decade and currently provide LKE services to 75 AED members.

Accruit Expands Real Estate Division with Addition of 1031 Veteran, Paul Holloway

Denver, CO - October 8, 2015

Accruit, LLC, the nation’s leading provider of qualified intermediary (QI) services and 1031 like-kind exchange (LKE) program solutions, is pleased to announce the addition of Paul Holloway as director of real estate exchange operations.

A veteran of the 1031 industry, Paul comes to Accruit from Land Title Exchange Corporation where, for 24 years, he led the 1031 tax deferred exchange program and held the roles of real estate closer, 1031 exchange specialist, and vice president of the exchange corporation. He holds a Bachelor of Science degree in Finance from the University of Northern Colorado as well as the like-kind exchange industry’s Certified Exchange Specialist (CES®) designation.

Federation of Exchange Accommodators Annual Conference 2015

The Federation of Exchange Accommodators (FEA) 2015 Annual Conference takes place September 16-18 in Austin, Texas, providing a forum of learning, discussion and connection opportunities for qualified intermediary professionals.
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