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.