“In our current economic landscape, your ability to succeed depends on finding sources of cash and investing them into your business as efficiently as possible. Accruit is a tremendous partner because they help us do both. By enabling us to defer significant tax liability, they allow us to reinvest our money into the company, which means we can continue to grow and serve our customers.”

Anthony Folger, Chief Financial Officer, Warren CAT

“Accruit provides a genuine Like-Kind Exchange solution. I have found this technology-driven solution to be preferable to the paper-based approach we have used in past exchange transactions. The Accruit solution is capable of managing both the real estate and the tangible assets components of a producing oil and gas asset exchange. This, combined with Accruit’s client service, has provided great flexibility in managing the details of our exchange at a very reasonable cost. We’re looking forward to working with Accruit in the future and recommend them highly…”

Mike Roach, Assistant Vice President/Director of Taxation, St. Mary Land & Exploration

Accruit: the Only Patented 1031 Exchange Process in America

Ready to Act, or Just Want to Learn More?

For more information, or to set your own 1031 exchange process into motion, contact Steve Chacon, Director of Exchange Operations, at 866.397.1031 x116 or stevec@accruit.com.

1031 Exchanges:1031 exchanges for real estateSignificant Cash Flow and Tax Benefit for Your Business

1031 exchanges allow businesses selling corporate assets to defer the resulting tax liability when they reinvest the proceeds of the sale into “like-kind” replacement property. Eligible assets include:

  • vehicles
  • heavy equipment
  • oil and gas equipment
  • plant infrastructure
  • communications and information technology
  • collectibles (art, vintage automobiles, rare coins, etc.)
  • all kinds of real estate
  • certain intangibles, like mineral rights and licenses

Since the blended tax rates in most states approach or exceed 40%, if you’re selling an asset for $100,000, a 1031 exchange can help you safely and securely transform $40,000 into working cash.

Why Accruit? We’re the Nation’s Only Comprehensive, Fully Integrated 1031 Like-Kind Exchange Solution

Accruit is the leading qualified intermediary (QI) in the United States for a number of reasons. For starters, there are multiple components in the 1031 exchange process, and we’re the only exchange provider that handles them all, integrated them into a simple, efficient and cost-effective solution that drives significant value to your bottom line. And that’s just the beginning.

  • Our programs are built on the only patented LKE process in the industry.*
  • 1031 exchanges for oil & gas
  • Accruit provides every type of 1031 like-kind exchange (LKE) allowed by law; additionally, we manage exchanges for both corporate assets and real estate.
  • Our convenient Web-hosted system and one-to-one client service model make it easy to conduct exchanges and maintain a comprehensive audit trail. Accruit puts your account in the hands of a dedicated client service manager who’s intimately familiar with the details of your exchange or program.
  • We conduct 250,000 exchange transactions annually and have roughly $8 billion in assets under management.
  • We serve 500+ clients in more than 20 industries, and have to date helped these companies transform billions of dollars in tax liability into valuable operating cash.
  • With 80+ program clients, we’re the largest provider of 1031 exchange programs in the nation.

Equally impressive is the trust placed in us by our industry-leading partners. We’re the exclusive LKE provider for FIS, the world’s top-ranked technology provider to the banking industry; PLS, the premier real estate listing service in the oil & gas industry; Network International, the global online marketplace for buying and selling surplus energy equipment for the oil and gas, petrochemical and power/utilities industries; and Ritchie Bros., the world’s largest industrial auctioneer. We’re also the preferred 1031 exchange provider for Associated Equipment Distributors, the international trade association representing companies involved in the distribution, rental and support of equipment used in construction, mining, forestry, power generation, agriculture and industrial applications.

1031 exchanges for heavy equipmentSafe, Secure and Time-Tested

Like-kind exchanges have been an established part of the tax code since 1921, and this powerful tax deferral strategy provides your business with benefits to which you are entitled by law. Additionally, Accruit has no higher priority than the security of client funds and data.

  • We work with the nation’s top-rated financial institutions and client funds are invested to assure 100% liquidity and preservation of principal. We provide a variety of (bankruptcy-remote) banking programs that are tailored to each client’s specific requirements. Customer funds are never commingled with Accruit operating funds.
  • Client information is secured in a national data center that is annually audited and approved for ISO 9001 and SAS 70 certification processes. More than 300 proprietary ISO-compliant processes are tested to reduce human error and enhance reliability. The latest and most reliable security solutions are employed to provide 24/7/365 Internet surveillance, secured access monitoring and tracking, encryption and certification, proprietary software, multiple physical layers of security and multiple layers of redundancy.
  • Our 98% client retention rate attests to the end-to-end value our customers find in their 1031 exchange programs and their relationships with Accruit.

Let’s Talk

Accruit can help you begin transforming tax liability into working cash today.

Steve Chacon
Director of Exchange Operations
866.397.1031 x116
stevec@accruit.com.

*U.S. Patent No. 7,379,910, and other patents pending.

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