Category: Company and Industry News

Due to Hurricane Ian, the IRS has issued extensions of the 45-day and 180-day deadlines for the entire states of Florida, South Carolina, and North Carolina.
 
The Disaster Date is September 23, 2022. The General postponement date is February 15, 2023.
 
Affected Taxpayers are defined as those individuals who live, and businesses whose principal place of business is located in the covered disaster area (anywhere in the state of Florida, South Carolina, or North Carolina). Affected taxpayers are entitled to relief regardless of where the relinquished property or replacement property is located. Affected Taxpayers may choose either the General Postponement relief under Section 6 or the Alternative relief under Section 17 of Rev. Proc. 2018-58.
Option 1: (Section 6: Affected Taxpayers only.) Any 45-day deadline or 180-day deadlines (for either a forward or reverse exchange) that falls on or after the disaster date is postponed to the general postponement date. The general postponement applies regardless of the date the Relinquished Property was transferred (or the parked property acquired by the EAT) and is available to Affected Taxpayers regardless of whether their exchange began before or after the Disaster Date.
Option 2: (Section 17 Alternative: Available to Affected Taxpayers and other taxpayers who have difficulty meeting the exchange deadlines because of the disaster.) Option 2 is only available if the relinquished property was transferred (or the parked property was acquired by the EAT) on or before the Disaster Date. Any 45-day or 180-day deadline that falls on or after the Disaster Date is extended to the longer of (1) 120 days from such deadline; or (2) the General postponement date.
 

Industry Education

Accruit was honored to help educate our peers in the 1031 industry by presenting in both boot camps at this year’s conference. “Our team is absolutely recognized as leaders in the 1031 industry – we are the go-to QI for learning, solutions, and setting standards,” said Brent Abrahm, President & CEO of Accruit.
David Gorenberg co-presented the 1031 Boot Camp to roughly 60 attendees. In addition to instructing the boot camp, David presented two General Session topics including Identification Pickles and Real-World Ethics for the QI. “Over the past fifteen years, I have presented approximately 30 sessions at FEA Annual Conferences. With each presentation I grow as a Qualified Intermediary, either because I am teaching new material or because attendees ask questions I haven’t yet faced. I was honored to deliver three presentations this year, with many first-time attendees, and each presentation furthered my understanding of Section 1031, and my ability to translate that information to people of differing backgrounds,” said David.

Martin Edwards and Matthew Douglas presented the Reverse Exchanges Boot Camp to approximately 50 attendees. The duo covered the different variations of parking transactions in relative detail over the course of the three-hour presentation, and fielded questions from a highly engaged audience mostly made up of other QIs who were interested in either deepening their knowledge of parking exchanges or preparing to start handling those transactions themselves. One boot camp attendee indicated that while she has attended various conferences that discussed reverse exchanges, for the first time she understood the subject after attending this particular boot camp. As a first time FEA attendee, Matthew was proud to represent Accruit and instruct on parking deals, which he spends most of his professional time handling. “It was a pleasure to take what I’ve learned working at Accruit, and with Marty specifically, and present it in a way that our audience seemed to understand and appreciate,” stated Matthew.

 
Award Recognition

We are proud to announce that members of Accruit were recognized for their 1031 industry involvement and awarded the two coveted FEA awards for 2022.
Martin Edwards was awarded the Margo McDonnell Certified Exchange Specialist® Perpetual Award at the FEA Annual Convention. Nominated by peers, the award recognizes someone who has gone “above and beyond” and made significant contributions that benefit the 1031 exchange industry. Martin has over 35 years’ experience in the 1031 industry, he is a current member and past board member of the FEA. His contributions include lecturing at the Illinois State Bar Association, multiple FEA Annual Conventions amongst many others.
Max Hansen received the 2022 President’s Award. The award recognizes an individual who has demonstrated outstanding leadership in their efforts on FEA’s behalf to save and grow the 1031 exchange industry. With over four decades in the 1031 industry, Max’s contributions are numerous, some of the more notable include a former FEA president and former co-chair of the Government Affairs Committee (GAC) of the FEA. He still serves on the GAC and actively promotes the benefits of 1031 exchanges for taxpayers and the economy as a whole.

 
Revolutionizing 1031 – The Industry’s Only Patented 1031 Workflow Software (SaaS)
 

Accruit Technologies was proud to showcase Exchange Manager ProSM, the patented 1031 exchange workflow software, at the FEA Conference Exhibit Hall. Members of the 1031 industry are asking for technology solutions, and our team was able to deliver by conducting various demonstrations of Exchange Manager ProSM, the one-stop-solution for Qualified Intermediaries.

 
All Business, But Also Fun

Accruit Technologies wrapped up the FEA Annual Conference by hosting an intimate After Party, with our friends at Capital One, for our existing QI SaaS Clients, prospective clients, and existing partners.
“It was a great opportunity to meet several of our SaaS clients and hear what they like about Exchange Manager ProSM,,” stated Mark Mayfield, Vice President, Service Development & Delivery.
We’d like to thank the FEA for such a great event that will continue to push the 1031 industry forward. Marita Kazos, of the Accruit Technologies Client Success Team reflected on the experience, “To me the FEA Annual Conference is like the 1031 Exchange Oscars, and I am so thankful I was there.”
 
Until Next Year! 

Industry Education

Accruit was honored to help educate our peers in the 1031 industry by presenting in both boot camps at this year’s conference. “Our team is absolutely recognized as leaders in the 1031 industry – we are the go-to QI for learning, solutions, and setting standards,” said Brent Abrahm, President & CEO of Accruit.
David Gorenberg co-presented the 1031 Boot Camp to roughly 60 attendees. In addition to instructing the boot camp, David presented two General Session topics including Identification Pickles and Real-World Ethics for the QI. “Over the past fifteen years, I have presented approximately 30 sessions at FEA Annual Conferences. With each presentation I grow as a Qualified Intermediary, either because I am teaching new material or because attendees ask questions I haven’t yet faced. I was honored to deliver three presentations this year, with many first-time attendees, and each presentation furthered my understanding of Section 1031, and my ability to translate that information to people of differing backgrounds,” said David.

Martin Edwards and Matthew Douglas presented the Reverse Exchanges Boot Camp to approximately 50 attendees. The duo covered the different variations of parking transactions in relative detail over the course of the three-hour presentation, and fielded questions from a highly engaged audience mostly made up of other QIs who were interested in either deepening their knowledge of parking exchanges or preparing to start handling those transactions themselves. One boot camp attendee indicated that while she has attended various conferences that discussed reverse exchanges, for the first time she understood the subject after attending this particular boot camp. As a first time FEA attendee, Matthew was proud to represent Accruit and instruct on parking deals, which he spends most of his professional time handling. “It was a pleasure to take what I’ve learned working at Accruit, and with Marty specifically, and present it in a way that our audience seemed to understand and appreciate,” stated Matthew.

 
Award Recognition

We are proud to announce that members of Accruit were recognized for their 1031 industry involvement and awarded the two coveted FEA awards for 2022.
Martin Edwards was awarded the Margo McDonnell Certified Exchange Specialist® Perpetual Award at the FEA Annual Convention. Nominated by peers, the award recognizes someone who has gone “above and beyond” and made significant contributions that benefit the 1031 exchange industry. Martin has over 35 years’ experience in the 1031 industry, he is a current member and past board member of the FEA. His contributions include lecturing at the Illinois State Bar Association, multiple FEA Annual Conventions amongst many others.
Max Hansen received the 2022 President’s Award. The award recognizes an individual who has demonstrated outstanding leadership in their efforts on FEA’s behalf to save and grow the 1031 exchange industry. With over four decades in the 1031 industry, Max’s contributions are numerous, some of the more notable include a former FEA president and former co-chair of the Government Affairs Committee (GAC) of the FEA. He still serves on the GAC and actively promotes the benefits of 1031 exchanges for taxpayers and the economy as a whole.

 
Revolutionizing 1031 – The Industry’s Only Patented 1031 Workflow Software (SaaS)
 

Accruit Technologies was proud to showcase Exchange Manager ProSM, the patented 1031 exchange workflow software, at the FEA Conference Exhibit Hall. Members of the 1031 industry are asking for technology solutions, and our team was able to deliver by conducting various demonstrations of Exchange Manager ProSM, the one-stop-solution for Qualified Intermediaries.

 
All Business, But Also Fun

Accruit Technologies wrapped up the FEA Annual Conference by hosting an intimate After Party, with our friends at Capital One, for our existing QI SaaS Clients, prospective clients, and existing partners.
“It was a great opportunity to meet several of our SaaS clients and hear what they like about Exchange Manager ProSM,,” stated Mark Mayfield, Vice President, Service Development & Delivery.
We’d like to thank the FEA for such a great event that will continue to push the 1031 industry forward. Marita Kazos, of the Accruit Technologies Client Success Team reflected on the experience, “To me the FEA Annual Conference is like the 1031 Exchange Oscars, and I am so thankful I was there.”
 
Until Next Year! 

Industry Education

Accruit was honored to help educate our peers in the 1031 industry by presenting in both boot camps at this year’s conference. “Our team is absolutely recognized as leaders in the 1031 industry – we are the go-to QI for learning, solutions, and setting standards,” said Brent Abrahm, President & CEO of Accruit.
David Gorenberg co-presented the 1031 Boot Camp to roughly 60 attendees. In addition to instructing the boot camp, David presented two General Session topics including Identification Pickles and Real-World Ethics for the QI. “Over the past fifteen years, I have presented approximately 30 sessions at FEA Annual Conferences. With each presentation I grow as a Qualified Intermediary, either because I am teaching new material or because attendees ask questions I haven’t yet faced. I was honored to deliver three presentations this year, with many first-time attendees, and each presentation furthered my understanding of Section 1031, and my ability to translate that information to people of differing backgrounds,” said David.

Martin Edwards and Matthew Douglas presented the Reverse Exchanges Boot Camp to approximately 50 attendees. The duo covered the different variations of parking transactions in relative detail over the course of the three-hour presentation, and fielded questions from a highly engaged audience mostly made up of other QIs who were interested in either deepening their knowledge of parking exchanges or preparing to start handling those transactions themselves. One boot camp attendee indicated that while she has attended various conferences that discussed reverse exchanges, for the first time she understood the subject after attending this particular boot camp. As a first time FEA attendee, Matthew was proud to represent Accruit and instruct on parking deals, which he spends most of his professional time handling. “It was a pleasure to take what I’ve learned working at Accruit, and with Marty specifically, and present it in a way that our audience seemed to understand and appreciate,” stated Matthew.

 
Award Recognition

We are proud to announce that members of Accruit were recognized for their 1031 industry involvement and awarded the two coveted FEA awards for 2022.
Martin Edwards was awarded the Margo McDonnell Certified Exchange Specialist® Perpetual Award at the FEA Annual Convention. Nominated by peers, the award recognizes someone who has gone “above and beyond” and made significant contributions that benefit the 1031 exchange industry. Martin has over 35 years’ experience in the 1031 industry, he is a current member and past board member of the FEA. His contributions include lecturing at the Illinois State Bar Association, multiple FEA Annual Conventions amongst many others.
Max Hansen received the 2022 President’s Award. The award recognizes an individual who has demonstrated outstanding leadership in their efforts on FEA’s behalf to save and grow the 1031 exchange industry. With over four decades in the 1031 industry, Max’s contributions are numerous, some of the more notable include a former FEA president and former co-chair of the Government Affairs Committee (GAC) of the FEA. He still serves on the GAC and actively promotes the benefits of 1031 exchanges for taxpayers and the economy as a whole.

 
Revolutionizing 1031 – The Industry’s Only Patented 1031 Workflow Software (SaaS)
 

Accruit Technologies was proud to showcase Exchange Manager ProSM, the patented 1031 exchange workflow software, at the FEA Conference Exhibit Hall. Members of the 1031 industry are asking for technology solutions, and our team was able to deliver by conducting various demonstrations of Exchange Manager ProSM, the one-stop-solution for Qualified Intermediaries.

 
All Business, But Also Fun

Accruit Technologies wrapped up the FEA Annual Conference by hosting an intimate After Party, with our friends at Capital One, for our existing QI SaaS Clients, prospective clients, and existing partners.
“It was a great opportunity to meet several of our SaaS clients and hear what they like about Exchange Manager ProSM,,” stated Mark Mayfield, Vice President, Service Development & Delivery.
We’d like to thank the FEA for such a great event that will continue to push the 1031 industry forward. Marita Kazos, of the Accruit Technologies Client Success Team reflected on the experience, “To me the FEA Annual Conference is like the 1031 Exchange Oscars, and I am so thankful I was there.”
 
Until Next Year! 

Home Page Design
Accruit strives to stay on the cutting edge of the 1031 Exchange industry, our website is no exception. We simplified the overall design of our home page achieving a more modern, bolder look. We push ourselves to be the Qualified Intermediary (QI) revolutionizing the 1031 exchange industry and as such, we made these website modifications to remove distractions and help our clients get to their destination in as few as clicks as possible.
Main Navigation Menu
In addition to the website design changes, we consolidated our main navigation menu. By condensing two categories into one, new category, Our QI Services, are now front and center.
Through our research we found that our clients are mainly looking for information on the basics of a 1031 exchange, education on specific 1031 exchange situations, and Accruit’s service offerings as a Qualified Intermediary. With our updated main navigation menu we made all three of these popular topics more accessible.
We look forward to watching you all interact with our revamped website, and we hope you find all the 1031 exchange information you are looking for in as few as clicks as possible.

Home Page Design
Accruit strives to stay on the cutting edge of the 1031 Exchange industry, our website is no exception. We simplified the overall design of our home page achieving a more modern, bolder look. We push ourselves to be the Qualified Intermediary (QI) revolutionizing the 1031 exchange industry and as such, we made these website modifications to remove distractions and help our clients get to their destination in as few as clicks as possible.
Main Navigation Menu
In addition to the website design changes, we consolidated our main navigation menu. By condensing two categories into one, new category, Our QI Services, are now front and center.
Through our research we found that our clients are mainly looking for information on the basics of a 1031 exchange, education on specific 1031 exchange situations, and Accruit’s service offerings as a Qualified Intermediary. With our updated main navigation menu we made all three of these popular topics more accessible.
We look forward to watching you all interact with our revamped website, and we hope you find all the 1031 exchange information you are looking for in as few as clicks as possible.

Home Page Design
Accruit strives to stay on the cutting edge of the 1031 Exchange industry, our website is no exception. We simplified the overall design of our home page achieving a more modern, bolder look. We push ourselves to be the Qualified Intermediary (QI) revolutionizing the 1031 exchange industry and as such, we made these website modifications to remove distractions and help our clients get to their destination in as few as clicks as possible.
Main Navigation Menu
In addition to the website design changes, we consolidated our main navigation menu. By condensing two categories into one, new category, Our QI Services, are now front and center.
Through our research we found that our clients are mainly looking for information on the basics of a 1031 exchange, education on specific 1031 exchange situations, and Accruit’s service offerings as a Qualified Intermediary. With our updated main navigation menu we made all three of these popular topics more accessible.
We look forward to watching you all interact with our revamped website, and we hope you find all the 1031 exchange information you are looking for in as few as clicks as possible.