YOUR TRUSTED QUALIFIED INTERMEDIARY

Whether you advise clients on choosing a qualified intermediary to manage their 1031 exchange or you provide those services in-house, it is essential to exercise due diligence to ensure the proper and successful completion of their exchange.

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
Using 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
- 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
- NNN, DST 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
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
and more!

Whether at your office or virtually, we are happy to meet with your team to help your team better understand 1031 exchanges and when to offer them to your clients. Our team of subject matter experts are available to co-present on one of your webinars as well.

Exchange Manager™

Industry-Leading Technology

Accruit's patented cloud-based platform, Exchange Manager™ simplifies the processing of 1031 exchanges for our clients and partners. Exchange Manager™ handles the processing, administration and fund tracking, enabling client advisors to focus on customer relationships. All parties who are involved in an exchange can receive important transaction alerts, such as critical date reminders, and can access documents 24/7.

Document Data Retention, Retrieval and Protection

Exchange data is entered directly into Exchange Manager™, where the application generates all required exchange documents and provides clients, their advisors and attorneys access to the information and relevant documents they need throughout the life of an exchange. Come tax time, necessary information can be easily generated from Exchange Manager™ reports and records, which makes providing required information simple. The application maintains a record of exchange proceeds received from sales, disbursements for earnest money and for purchases and automatic notifications providing transparency in the handling of funds throughout the exchange.

Security Features

Cloud-based application for 1031 exchange administration
Secured, 24/7 access
Qualified intermediary services provided by a team of professionals including attorneys and Certified Exchange Specialists®

Document Preparation Features

Tax Deferred Exchange Agreements
Assignment of Relinquished Property Sale and Purchase Agreements
Notification of Assignments
Designation Notices to identify potential replacement property
Disbursement Requests
Document retention and retrieval
Electronic signature functionality, including from your smart phone
Complete suite of reports, including a final exchange report

Email Notifications Features

Documents the signed and copies of executed documents
45-day and 180-day deadline reminders
Assignment notifications
Instructions for settlement agents for relinquished and replacement properties closings
Confirmation of funds received and disbursed