Location: Nationwide

Salary (DOE): $125,000 - $200,000

Job Summary

• This position will be well-versed in 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 s and be a subject matter expert in the real estate-1031 world. Responsibilities include (contract) documents review; providing subject matter expertise to Exchange Operations Team, Business Development team, clients and prospects when dealing with complex scenarios; ongoing technical training to new and existing staff; and expanding the network of repeat exchange customers as well as the referral base.
   
• This position is expected to leverage their extensive referral network including relationships with attorney referral sources, realtors, title companies, Qualified Intermediaries (QIs), banks, real estate brokers, accountants, A Delaware Statutory Trust is a real estate investment vehicle that provides investors with access to investment grade real estate that is generally larger than they could have acquired on their own. The Taxpayer acquires a fractional interest (see below) in the property. Use of DSTs in 1031 exchanges was approved by the IRS in Revenue Procedure 2004-86. Delaware Statutory Trust (DST) providers, repeat customers and other potential client advisors/referral sources to generate new business related to all of Accruit’s products.

Job Description

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Drive 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 transactions through professional networking with repeat exchange customers and the referral base of attorneys, real estate brokers, accountants, banks, other exchange companies, title companies and title agencies.
• Supporting the Business Development Team in structuring complex deals by adding value as a Subject Matter Expert.
• Writing, speaking and providing internal and external training on various exchange subjects, putting Accruit’s name out into the legal and 1031 communities as experts in the field
  • Traveling to conferences and give regular external presentations.
  • Writing blogs and/or white papers on topics as presented.
• Assisting the Exchange Operations Team with client attraction and retention by providing business knowledge and insights to potential and existing clients.
• Leveraging and maintaining the Company’s CRM system
• Working closely with channel partners, clients and their advisors on applicable IRC §1031 regulations in order to minimize potential for inadvertent errors and to move towards successful exchanges and/or reverse exchanges.
• Reviewing various contracts or other forms of legal agreements that arise in the ordinary course of business consistent with the level of skill of the person filling this position.
• Providing internal training to increase organization’s understanding of 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 s.
• Additional tasks or responsibilities as needed by the company.

MINIMUM QUALIFICATIONS – REQUIREMENTS OF POSITION

• 10+ years of industry experience

PREFERRED QUALIFICATIONS OF POSITION

• Law Degree
• Certified Exchange Specialist (CES®) designation
• 3-5 years commercial real estate experience

BEHAVIORS & TRAITS

• Company Values: Creative, Collaborative, Competitive, Curious
• Highly ethical
• Comfortable not knowing answers, but resourceful and able to resolve issues
• Open to receiving and providing feedback • Sociable – client facing
• Forward-thinking
• Client-focused
• Engaging
• Willing to listen
• Credible
• Flexible and adaptable
• Highly self-motivated and directed

KNOWLEDGE AND SKILLS

• Strong written, oral, and interpersonal communication skills.
• Proven understanding of Internal Revenue Code (IRC). The comprehensive set of tax laws created by the Internal Revenue Service (IRS). This code was enacted as Title 26 of the United States Code by Congress, and is sometimes also referred to as the Internal Revenue Title. The code is organized according to topic, and covers all relevant rules pertaining to income, gift, estate, sales, payroll and excise taxes. Internal Revenue Code 1031.
• Experience working both independently and, in a team-oriented, collaborative environment.
• Able to demonstrate and hold others accountable for organizational values.

POSITION TYPE AND EXPECTED HOURS OF WORK

• This is a full-time position with 40 hours a work week expected.
• Travel is expected with this position, as needed.

LOCATION AND TELECOMMUTING

• This position is based out South Central US: Texas, Oklahoma, or Arkansas
• This position is expected to telecommute as appropriate.

To apply, complete the webform below or email your resume and cover letter directly to steveh@accruit.com. 

Salary Range (DOE): $50,000 - $80,000

Job Summary

This position is responsible for providing exceptional customer service to the organization’s clients. Duties include onboarding and training of new clients, trouble-shooting technology issues, and maintaining strong client relationships.  Supports more complex transactions with demonstrated industry knowledge.

Job Description

ESSENTIAL DUTIES AND RESPONSIBILITIES 

Proven ability to perform all Exchange Coordinator duties and responsibilities including:

• Executing on subject matter experts’ consultations with clients.

• Preparing transactional documents and agreements both manually and via software applications related to company service offerings. 

• Maintaining client files, reports and providing administrative support as may be required.

• Assisting with cash management (banking and funding) to service client accounts.

• Providing support to clients including troubleshooting and problem escalation as needed.

• Providing strong, consistent customer service to all clients and maintains client relationships.

• Assisting with onboarding and training of new clients and retention of existing clients.

• Fielding inquiries from clients via phone, email, and web-leads.

• Good knowledge and understanding of 1031 exchanges.

• Ability to handle a greater volume of preparing transactional documents and agreements both manually and via software applications related to company service offerings.

• Have working knowledge of interrelationship of forward exchanges with parking exchanges.

• Ability to manage account relationships.

• Responsible for more complex exchange transactions.

• Conversant with more complicated issues that can arise in exchange administration such as:

  • Individual or entity that owns replacement property desired by the taxpayer. Seller financing.

  • Mixed use of property (i.e., farmhouse on farmland, home office within home).

  • Related Party transactions.

  • Credits of rent and security deposit exchange implications.

  • Exchanging in or out of personal residences/vacation homes and investment property

  • Drop & Swap issues

  • Refinancing relinquished and replacement properties

  • Holding period requirements

  • Same taxpayer issues

  • Understanding nature of different entities such as general partnerships, limited partnerships, LLCs, TICs, DSTs, Subchapter S corps and C Corps.

  • Escalating and assisting with issues and problems through issue resolution.

  • Additional tasks or responsibilities as needed by the company.

MINIMUM QUALIFICATIONS – REQUIREMENTS OF POSITION

• Bachelor’s Degree in related field or equivalent experience.

• 3-7 years’ experience

PREFERRED QUALIFICATIONS OF POSITION

• Working towards Certified Exchange Specialist (CES) Designation.

• Title and An escrow agreement provides for the placement of money or other assets in the control of an independent third party in order to protect the parties involved in a transaction. The funds or assets are held by the escrow agent until it receives the appropriate instructions or until predetermined contractual obligations contained in the escrow agreement have been fulfilled. Escrow /Real Estate experience preferred.

BEHAVIORS & TRAITS

• Company Values: Creative, Collaborative, Competitive

• Highly ethical

• Comfortable not knowing answers, but resourceful and able to resolve issues

• Open to receiving and providing feedback

• Sociable – client facing

• Flexible and adaptable

• Highly self-motivated and directed

• Curious / Inquisitive

• Detail-oriented

• Partnering

• Confident

• Open to training and learning

KNOWLEDGE AND SKILLS

• Expert written, oral, and interpersonal communication skills. 

• General understanding of 1031 exchanges.

• High level of competency working with Microsoft Office suite and cloud-based applications.

• Strong time-management and prioritization skills.

• Experience working both independently and, in a team-oriented, collaborative environment. 

• Familiarity with the Agile values and principles

POSITION TYPE AND EXPECTED HOURS OF WORK

• This is a full-time position with 40+ hours of work expected each week.

• Some travel is expected for clients and conferences.

LOCATION AND TELECOMMUTING

• This position is based out of various Accruit locations across the country.