ABOUT

Accruit, an Inspira Financial Solution, offers national 1031 Exchange Qualified Intermediary services and technology solutions.

For over 23 years, Accruit has been a national, leading 1031 exchange Qualified Intermediary and Also referred to as an "EAT", is typically a special purpose, limited-liability company that is used to own the legal title to property that is being parked as part of a reverse exchange. An exchange accommodation titleholder may not be a disqualified person. Exchange Accommodation Titleholder , specializing in all types of 1031 exchanges from simple to the most complex.

We specialize in this complex, tax deferral strategy to help preserve wealth, build investments, and secure financial wellbeing. Through our modern technology systems, comprehensive set of solutions, and highly credentialed subject matter experts, you can feel confident that the job will be done to the highest standards.

About Inspira Financial

Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the financial journey.

They work with businesses and individuals to create a brighter future for all. Helping more than 7 million people save and invest.

7M

Individual and institutional clients, including the majority of the 10 largest recordkeepers

$62B

Traditional and alternative assets under custody

$25B

Fund assets under custody

20+

Years pioneering health and wealth solutions as a privately owned leader

45K

Unique alternative assets under custody, expanding the possibilities for growth

Patented 1031 Exchange Software

Accruit’s customized technology, Exchange Manager Pro^SMis a patented 1031 exchange technology solution, hosted on Microsoft Azure. Exchange Managed Pro^SM achieved SOC 2 Compliance after successfully completing a System and Organization (SOC) 2, Type II audit, achieving compliance with the industry leading standards for customer data security.

Benefits of Exchange Manager Pro^SM include:

Improved accessibility with 24/7 secure, online access to all 1031 exchange data, documents and reports
Increased efficiency through improved process flow and single-entry data
Simplified Document Creation: Auto-generates all required exchange agreements, assignment, and notifications
Data Security through electronic document execution for a paperless process

Exchange Manager Pro^SMdrives bottom line results, consistent delivery of services, and state of the art security through efficient workflows and the automation of routine, repetitive processes supported by industry professionals.

1031 Exchange Services

Our specialists facilitate all types of real estate 1031 exchanges, including:

Forward Exchanges
A Reverse Exchange is typically conducted under the safe harbor established in Rev Proc 2000-37. These are "parking arrangements" where either: (i) a property is purchased and "parked" as a potential replacement property for the benefit of a specific taxpayer by an exchange accommodation title holder until such time as the taxpayer arranges for the transfer of the relinquished property to the ultimate transferee in a simultaneous or deferred exchange; or (ii) a taxpayer transfers the relinquished property to be "parked" by an exchange accommodation title holder in exchange for immediately receiving the replacement property, and the exchange accommodation title holder later transfers the relinquished property to the ultimate transferee Reverse Exchange s
Build-to-suit and This refers to a type of exchange done where some of the proceeds of the sale of the relinquished property will be used to cause improvements to be added to the improvements already on the replacement property so that the taxpayer can complete the trade where both the value of the land and of the enhanced improvements will count for the amount the taxpayer traded for. For example a taxpayer may put in new heating, ventilating, air conditioning, roof and windows on the property. These types of exchanges are structured pursuant to IRS Rev. Proc. 2000-37 and are sometimes known as “property parking exchanges” and require the exchange facilitator to take on an additional role as a Qualified Exchange Accommodation Titleholder. Improvement Exchange s
Specialty "Non- A safe harbor generally refers to a fact situation where under traditional tax or legal principles the proposed transaction, or part of a transaction, would be prohibited. If an otherwise prohibited transaction can be structured pursuant to an IRS promulgated safe harbor, the IRS agrees not to challenge the structure as to form. Safe Harbor Reverse" Transactions

In addition, our team has extensive experience structuring complex 1031 exchanges including some of the following property types or scenarios:

Ag Land
Energy and Infrastructure
- Cell Towers
- Solar & Wind Farms
- Fiberoptic Cables
Commercial Spaces
- Condominium Deconversions
Large-scale Single-Family Rental Exchange Programs
1031/721 REIT Acquisitions

To learn more our like-kind exchange services, contact us!

Advocacy

As a Board-level member of the Federation of Exchange Accommodators (FEA), Accruit is actively involved in the association’s efforts in Washington D.C. to engage and educate legislators and others on the value that 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 represent to the nation’s economy.

Brent Abrahm, Accruit’s CEO, is a past FEA President and former Co-Chair of the FEA’s Government Affairs Committee.

Max A. Hansen, one of Accruit’s Managing Directors, is a past FEA President, former Co-Chair of the FEA’s Government Affairs Committee and still an active member on the Committee.

David Gorenberg, one of Accruit's Managing Directors, is a past FEA President and former Co-Chair of the FEA's Ethics Committee.

Steve Holtkamp, Accruit's Senior Managing Director and Chief Revenue Officer, is a current FEA board member and Treasurer.

Education and Training

As part of our mission to educate on and advocate for the 1031 industry, we regularly host webinars and trainings on a variety of topics, including:

Concepts 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
Using a 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 as a Sales Tool
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 for Residential Brokers
Advanced 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 Concepts
- Reverse Exchange
- NNN, DSTs and TIC
Mechanics 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
Estate Planning with 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 many more! We are happy to meet with you and your team, whether in your office or virtually, to help your team better understand 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 how to offer them to your customers.

Our team 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 Subject Matter Experts and Sales Executives are available to co-present on one of your webinars as well.

HISTORY

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Accruit is formed in March by industry pioneers Brent Abrahm and Todd Fisher. In the beginning, the company operated as an Application Service Provider (ASP) and qualified intermediary (QI), for hosted software solutions based on like-kind exchanges. The original company was “e-LKE,” and early accomplishments include the creation of one of the country’s first high-volume repetitive personal property 1031 like-kind exchange programs. In October, the company completes the first 1031 exchange completely via the Internet.

British Petroleum, (BP) becomes the Company's first Program Client, utilizing an online workflow for oil & gas production equipment. Fisher & Abrahm file for initial patent with US Patent & Trademark Office for this process.

KineticWorks, the sole development firm used by Accruit, is acquired to continue the expansion of developing software for the like-kind exchange process.

Accruit launches the development of The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Manager™, the industry's first integrated LKE depreciation tracking system and qualified intermediary platform.

Wagner Equipment Company makes sizeable investment into Accruit to support expansion in the heavy equipment industry.

Deloitte and Accruit sign a marketing alliance agreement offering tax advisory and 1031 exchange services nationwide.

Accruit signs its 100th Program Client, managing over $6B in LKE proceeds and over 95,000 assets.

Accruit and Ritchie Bros. Auctioneers form strategic marketing relationship and Peter Blake, CEO of Ritchie Bros. joins the Accruit Board of Directors. Joseph Lane, former president of IBM Global Finance, joins Accruit's Board of Directors. President & CEO Brent Abrahm is elected to the Federation of Exchange Same as intermediary, facilitator, or Qualified Intermediary. The party who facilitates a tax-deferred exchange by acquiring and selling property in an exchange to aid the taxpayer in complying with Section 1031 and all applicable rules. Accommodator s Board of Directors.

Accruit partners with Inter-Atlantic Group, a private equity firm from New York, to increase investments in Accruit's 1031-LKE software technology. Accruit awarded US Patent: Apparatus, systems and methods for transacting and managing like-kind exchanges U.S. Patent No. 7,379,910,

Associated Equipment Distributors recognizes Accruit for the 6th consecutive year as their exclusive Preferred Provider of 1031 Services.

In 2010 Accruit announces an unprecedented new joint business relationship with tax advisory leader PricewaterhouseCoopers. PwC and Accruit have more than 20 years of combined experience providing like kind exchange program services. The joint business relationship enables PwC and Accruit to work together (where permitted by professional and regulatory requirements) to deliver a comprehensive LKE program solution that leverages PwC’s experience in providing LKE tax advisory services and Accruit’s knowledge in delivering LKE QI services. Brent Abrahm is elected as the President of the Federation of Exchange Same as intermediary, facilitator, or Qualified Intermediary. The party who facilitates a tax-deferred exchange by acquiring and selling property in an exchange to aid the taxpayer in complying with Section 1031 and all applicable rules. Accommodator s.

On September 30th, Accruit completes the stock acquisition of North Star A 1031 exchange conducted under the safe harbor 1991 Treasury Regulations wherein the replacement property is received up to 180 days after the disposition of the relinquished property. Typically what people mean when referring to a 1031 exchange, Starker exchange, like-kind exchange, delayed exchange, etc. Deferred Exchange (NSDE), led by Martin Edwards, headquartered in Chicago, Illinois, from BMO Financial Corporation. Since 1997, North Star A 1031 exchange conducted under the safe harbor 1991 Treasury Regulations wherein the replacement property is received up to 180 days after the disposition of the relinquished property. Typically what people mean when referring to a 1031 exchange, Starker exchange, like-kind exchange, delayed exchange, etc. A 1031 exchange conducted under the safe harbor 1991 Treasury Regulations wherein the replacement property is received up to 180 days after the disposition of the relinquished property. Typically what people mean when referring to a 1031 exchange, Starker exchange, like-kind exchange, delayed exchange, etc. Deferred Exchange LLC has been a national provider of QI and Exchange Accommodation Titleholder (EAT) services for complex exchanges of both real and personal property, specializing in reverse, build-to-suit and improvement exchanges. Included in this acquisition is NSDE's Independent Director/Independent Manager Services.

Accruit signs joint marketing relationship with EnergyNet, an online Oil & Gas Marketplace, to provide 1031 exchange services.

The Federation of Exchange Same as intermediary, facilitator, or Qualified Intermediary. The party who facilitates a tax-deferred exchange by acquiring and selling property in an exchange to aid the taxpayer in complying with Section 1031 and all applicable rules. Accommodator s appoints another Accruit executive to the Board of Directors. PwC & Accruit's joint business relationship secures 1031 business with top 10 worldwide bank, H&E Equipment, John Deere Financial, and TCF.

Accruit's CEO, Brent Abrahm, co-Chairs the Federation of Exchange Same as intermediary, facilitator, or Qualified Intermediary. The party who facilitates a tax-deferred exchange by acquiring and selling property in an exchange to aid the taxpayer in complying with Section 1031 and all applicable rules. Accommodator s' Government Affairs Committee amidst tax reform efforts limiting the use of 1031s.

Accruit and PwC are named as the AED preferred provider for delivering a comprehensive 1031 tax advisory solution .

Accruit acquires Denver-based qualified intermediary Bankers 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 . Mary Lou Schwab joins Accruit during the transition after 30 years leading in the Rocky Mountain region for real estate 1031 exchanges.

The Tax Cuts and Jobs Act of 2017 repeals personal and intangible property from eligibility for 1031 exchange, leaving only real property as eligible for an exchange. Accruit invests significantly in technology to support a scaled service offering of real property exchanges.

Accruit acquires Montana-based qualified intermediary, American Equity The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange , founded in 1991 by 1031 veteran, Max A. Hansen. Max joins the Accruit team as Managing Director and continues to expand the business across the Rocky Mountain region.

Accruit launches the industry's first fully technology based managed services, enabling other 1031 exchange providers to leverage the power of The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Manager™, Accruit's patented exchange workflow software.

Accruit restructures company by redeeming a majority of shares from private investors. Steven Holtkamp joins as Executive Vice President and Chief Financial Officer.

Accruit continues to protect the 1031 exchange industry through education and by playing an active role with the Federation of Exchange Same as intermediary, facilitator, or Qualified Intermediary. The party who facilitates a tax-deferred exchange by acquiring and selling property in an exchange to aid the taxpayer in complying with Section 1031 and all applicable rules. Accommodator s, as members of the Board and Government Affairs Committee.

Accruit's Managed Service offering increased over 350% YoY with a total of 32 signed Managed Service Facilitators in 2022. Exchange Manager ProSM SaaS licensing propelled to 27 clients live at the end of 2022.

Accruit completed the strategic sale to Inspira Financial, allowing for accelerated growth and additional opportunities to continue revolutionizing the 1031 exchange industry.

GROWTH

Accruit completed the strategic sale to Inspira Financial allowing for accelerated growth and additional opportunities to continue revolutionizing the 1031 exchange industry.

American Equity Exchange

Founded by Max Hansen in Dillon, Montana, American Equity Exchange managed thousands of successful exchanges from 1991 to 2018. Max Hansen, now executive vice president at Accruit, represented clients in real estate transactions, including 1031 exchanges, for 42 years. Hansen has actively practiced law since 1976, is a past president of the Federation of Exchange Same as intermediary, facilitator, or Qualified Intermediary. The party who facilitates a tax-deferred exchange by acquiring and selling property in an exchange to aid the taxpayer in complying with Section 1031 and all applicable rules. Accommodator s and still serves on the FEA Board of Directors and the Government Affairs Committee.

Bankers Escrow

One of the largest full service escrow companies in Colorado, Bankers 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 has facilitated tax and insurance reserves, installment land contract and wrap-around mortgage servicing, lease to purchase arrangements, software code escrows, and document and cash holding escrows since 1991.

North Star Deferred Exchange

North Star A 1031 exchange conducted under the safe harbor 1991 Treasury Regulations wherein the replacement property is received up to 180 days after the disposition of the relinquished property. Typically what people mean when referring to a 1031 exchange, Starker exchange, like-kind exchange, delayed exchange, etc. Deferred Exchange has provided Qualified Intermediary (QI) and Exchange Accommodation Titleholder (EAT) services for exchanges of real and personal property since 1991.

MEMBERSHIPS

FEA

Accruit is a board-level member of the Federation of Exchange Accommodators (FEA) and active in the organization’s efforts to engage and educate legislators and others on the value that 1031 exchanges represent to the nation’s economy.

We have five past presidents of the FEA on our staff, as well as active members of the government affairs committee, and our team is regularly tapped to present at the FEA annual conference as subject matter experts.

Montana Chamber of Commerce

Accruit has been a member of the Montana Chamber of Commerce for many years (as American Equity Exchange). Our team in Dillon, MT enjoys networking with other local businesses in and around our office there.

Denver Metro Association of Commercial Realtors

Accruit has worked with the Denver Metro Commercial Association of REALTORS^®, from sponsoring awards luncheons to training the commercial real estate force in the Denver Metro area.

REALTORS® Land Institute

Accruit's team includes proud members of the REALTORS® Land Institute.

American Land Title Association

Accruit has been a proud member of ALTA, American Land Title Association, for numerous years.

American Bar Association

Accruit has five valued team members that are also members of the American Bar Association.

Summit REALTORS®

Accruit is a proud member of Summit REALTORS®.

As a leading advocate of their unique local real estate industry, Summit REALTORS® provides REALTOR® members with the education & technology that enables them to conduct business competently and professionally.

Summit REALTORS® promotes and enforces ethical standards, encourages real property ownership and improves the quality of their community.

Advocus (formerly ATG®)

Advocus, formerly Attorneys' Title Guaranty Fund, Inc. (ATG®) was founded in 1964 by a group of Illinois lawyers concerned about the erosion of the lawyer's role in real estate transactions. They are the only Bar-Related® title insurance company — their agents are lawyers who issue title insurance policies as part of their law practices — in Illinois.

Advocus is widely known as an advocate for lawyers and the clients they serve. Through the years, their goal has remained the same: "To provide our agents with a level of support and services that empowers them to give their clients high-quality legal assistance with real estate transactions — including title insurance and related services."

California Land Title Association

Rental Property Owners Association

Institute for Portfolio Alternatives (IPA)

IPA is the only association to represent the top sponsors and distributors of alternative investments. IPA and our members address policy issues that are vital to the national economy and investor choice. IPA’s unique position ensures that our members speak with a single voice about issues of national importance.

For almost four decades, IPA has served as the preeminent trade organization championing alternatives—including private real estate, private credit, private equity, infrastructure, and other alternative assets. IPA advocates for asset managers, broker-dealers, registered investment advisers, and other industry participants.

IPA champions the alternative investments industry by hosting innovative events and conferences, offering world-class networking opportunities, providing educational resources, and engaging in impactful advocacy at both federal and state levels.

Learn more about IPA.

What our customers think about us

Rick Terese, in the last week

This was my first exchange, Maritza made it a breeze. Thank you for all your help.

Misty Worden, in the last week

Dylan was well spoken & very informative! I highly recommend utilizing him & his knowledge for helping you & your brokerage gain a deeper understanding into the world of 1041 Exchange.

Rachel Rosencrants, in the last week

I attended a workshop in which Dylan shared his knowledge of 1031 exchanges. This was definitely one of the best workshops I’ve attended. He is highly knowledgeable and I will be using their services in the future!

Michele Lenzi, in the last week

Dylan was an excellent teacher for 1031 training - he seems to have just a ton of experience and shares personal experiences

Alicia Weaver, in the last week

Attended an informative presentation with Dylan. He is very knowledgeable in this space and I look forward to recommending him to my clients in the future.