Blog

  • Special End-of-Year Planning Alert for 1031 Like-Kind Exchanges

    Your tax relief deadline might be closer than you think!
    Remember, the deadline to complete a 1031 Like-Kind Exchange (LKE) is the earlier of 180 calendar days, or the due date, with extension of your income tax return.  If you are currently participating in an LKE, be sure to contact your tax advisor right away.  You might have to extend your tax return in order to take advantage of the full 180 days.
    If you are thinking about starting the LKE process, contact Accruit today.  Our representatives will carefully discuss the details and highlight how much money you can save through our custom LKE solutions.

  • 2013 FEA Annual Conference

    As part of Accruit’s ongoing efforts to promote 1031 Like-Kind Exchanges (LKE), we were busy as ever at the annual Federation of Exchange Accommodators’ (FEA) annual conference, which was hosted in Denver earlier this month.
    With one of the largest turnouts in years, we’re pleased to announce that the 1031 LKE market is on the rebound after the recent economic crisis, especially in regards to real estate exchanges. With no gains to defer, FEA members had been reporting as few as 1 or 2 transactions all year. Now, with property values on the rise, taxpayers are increasingly looking to defer gains through LKEs upon the sale of their investment and business use assets.
    The conference shed light on much of the work being conducted behind the scenes in cooperation with our lawmakers. David Franasiak, principal at Williams & Jensen, the FEA’s lobbyist, provided a comprehensive overview of the efforts in D.C. regarding tax reform and fostering broad support for the continuance of LKEs. The FEA continues to educate the Senate Finance Committee and the House Ways and Means Committee regarding the benefits of 1031 exchanges in the face of pending tax reform.
    Accruit continues to play an active role in the FEA, both in discussions with legislators in D.C. and locally. I am currently serving as the FEA’s Government Affairs Committee co-chair and Steve Chacon is serving as the association’s treasurer and on the executive committee. During the conference, we both took part in an FEA strategy planning session to define both long and short-term goals for the association. One goal is the establishment of a Political Action Committee to help support legislative changes.
    This year’s conference was a great success and the 1031 LKE market is poised for continued growth. Stay tuned for further information regarding the FEA and 1031 industry news and updates.
     

  • 2013 FEA Annual Conference

    As part of Accruit’s ongoing efforts to promote 1031 Like-Kind Exchanges (LKE), we were busy as ever at the annual Federation of Exchange Accommodators’ (FEA) annual conference, which was hosted in Denver earlier this month.
    With one of the largest turnouts in years, we’re pleased to announce that the 1031 LKE market is on the rebound after the recent economic crisis, especially in regards to real estate exchanges. With no gains to defer, FEA members had been reporting as few as 1 or 2 transactions all year. Now, with property values on the rise, taxpayers are increasingly looking to defer gains through LKEs upon the sale of their investment and business use assets.
    The conference shed light on much of the work being conducted behind the scenes in cooperation with our lawmakers. David Franasiak, principal at Williams & Jensen, the FEA’s lobbyist, provided a comprehensive overview of the efforts in D.C. regarding tax reform and fostering broad support for the continuance of LKEs. The FEA continues to educate the Senate Finance Committee and the House Ways and Means Committee regarding the benefits of 1031 exchanges in the face of pending tax reform.
    Accruit continues to play an active role in the FEA, both in discussions with legislators in D.C. and locally. I am currently serving as the FEA’s Government Affairs Committee co-chair and Steve Chacon is serving as the association’s treasurer and on the executive committee. During the conference, we both took part in an FEA strategy planning session to define both long and short-term goals for the association. One goal is the establishment of a Political Action Committee to help support legislative changes.
    This year’s conference was a great success and the 1031 LKE market is poised for continued growth. Stay tuned for further information regarding the FEA and 1031 industry news and updates.
     

  • 2013 FEA Annual Conference

    As part of Accruit’s ongoing efforts to promote 1031 Like-Kind Exchanges (LKE), we were busy as ever at the annual Federation of Exchange Accommodators’ (FEA) annual conference, which was hosted in Denver earlier this month.
    With one of the largest turnouts in years, we’re pleased to announce that the 1031 LKE market is on the rebound after the recent economic crisis, especially in regards to real estate exchanges. With no gains to defer, FEA members had been reporting as few as 1 or 2 transactions all year. Now, with property values on the rise, taxpayers are increasingly looking to defer gains through LKEs upon the sale of their investment and business use assets.
    The conference shed light on much of the work being conducted behind the scenes in cooperation with our lawmakers. David Franasiak, principal at Williams & Jensen, the FEA’s lobbyist, provided a comprehensive overview of the efforts in D.C. regarding tax reform and fostering broad support for the continuance of LKEs. The FEA continues to educate the Senate Finance Committee and the House Ways and Means Committee regarding the benefits of 1031 exchanges in the face of pending tax reform.
    Accruit continues to play an active role in the FEA, both in discussions with legislators in D.C. and locally. I am currently serving as the FEA’s Government Affairs Committee co-chair and Steve Chacon is serving as the association’s treasurer and on the executive committee. During the conference, we both took part in an FEA strategy planning session to define both long and short-term goals for the association. One goal is the establishment of a Political Action Committee to help support legislative changes.
    This year’s conference was a great success and the 1031 LKE market is poised for continued growth. Stay tuned for further information regarding the FEA and 1031 industry news and updates.
     

  • Accruit in 2 Minutes

    http://www.youtube.com/v/np0wAdEFFqY?fs=1&width=640&height=480&… alt=”” src=”/sites/default/files/files/1031%20Exchanges%20in%202%20Minutes_0.JPG” style=”height:163px; margin-left:10px; margin-right:10px; width:220px; float:left” />
    Explaining the Power of a 1031 Like-Kind Exchange

    Tax laws can be very complicated. Many companies don’t even realize they have the opportunity to reinvest the gains from the sale of assets back into their business. With a 1031 LKE, companies can defer unnecessary taxes and utilize the increased cash flow to purchase replacement assets of like-kind.
    Watch this short, informative video to find out how a 1031 LKE can help you put more cash back into your business.

  • Accruit in 2 Minutes

    http://www.youtube.com/v/np0wAdEFFqY?fs=1&width=640&height=480&… alt=”” src=”/sites/default/files/files/1031%20Exchanges%20in%202%20Minutes_0.JPG” style=”height:163px; margin-left:10px; margin-right:10px; width:220px; float:left” />
    Explaining the Power of a 1031 Like-Kind Exchange

    Tax laws can be very complicated. Many companies don’t even realize they have the opportunity to reinvest the gains from the sale of assets back into their business. With a 1031 LKE, companies can defer unnecessary taxes and utilize the increased cash flow to purchase replacement assets of like-kind.
    Watch this short, informative video to find out how a 1031 LKE can help you put more cash back into your business.

  • Accruit in 2 Minutes

    http://www.youtube.com/v/np0wAdEFFqY?fs=1&width=640&height=480&… alt=”” src=”/sites/default/files/files/1031%20Exchanges%20in%202%20Minutes_0.JPG” style=”height:163px; margin-left:10px; margin-right:10px; width:220px; float:left” />
    Explaining the Power of a 1031 Like-Kind Exchange

    Tax laws can be very complicated. Many companies don’t even realize they have the opportunity to reinvest the gains from the sale of assets back into their business. With a 1031 LKE, companies can defer unnecessary taxes and utilize the increased cash flow to purchase replacement assets of like-kind.
    Watch this short, informative video to find out how a 1031 LKE can help you put more cash back into your business.

  • Accruit Senior Managing Director Steve Chacon Appointed Treasurer of Federation of Exchange Accommodators

    New Appointment Reinforces Accruit Team’s Commitment and Leadership Role in Serving the 1031 Exchange Market
    Denver, CO – September 13, 2013 – Accruit, LLC, the nation’s leading provider of qualified intermediary (QI) and 1031 Like-Kind Exchange (LKE) program solutions, is pleased to announce that its Senior Managing Director, Steve Chacon, has been appointed Treasurer of the Federation of Exchange Accommodators (FEA) and will serve on its Board of Directors.
    The FEA, which was formed in 1989, is the LKE industry’s governing body and the only national trade association organized to represent professionals who conduct LKEs under Internal Revenue Code §1031, including QIs, their primary tax and legal counsel, and affiliated industries.
    Chacon, who holds a CPA and a prestigious Certified Exchange Specialist® (CES®) designation and has been an active member of the FEA’s Government Affairs Committee for the past year, is looking forward to his new appointment as Treasurer.
    “I was honored to be considered for the appointment and even more honored that I was selected,” said Chacon. “I’m looking forward to working with such a well-respected and experienced team and contributing as one of their peers.”
    Chacon brings over 10 years of industry experience to his new role as FEA Treasurer and believes that his continued involvement on the Government Affairs Committee, which is at the forefront of the FEA’s legislative efforts, further reinforces Accruit’s commitment to the LKE industry.
    “Steve continues to be a leading expert in the field, and in our company,” said President and CEO of Accruit, Brent Abrahm, who is also an FEA board member and FEA past-president, “We are pleased to see him on the FEA Executive Board and we’re excited to see what his knowledge will bring to the table.”
    “The Accruit team is very passionate about defending its clients’ abilities to do 1031 exchanges and helping them conduct their business in the most efficient manner possible,” said Chacon. My work with the FEA is directly related to our client’s bottom line. By actively engaging with federal and state legislators, we can ensure that this tax-saving strategy remains as a benefit for our clientele.”
    Read the blog post here.

  • Accruit Senior Managing Director Steve Chacon Appointed Treasurer of Federation of Exchange Accommodators

    New Appointment Reinforces Accruit Team’s Commitment and Leadership Role in Serving the 1031 Exchange Market
    Denver, CO – September 13, 2013 – Accruit, LLC, the nation’s leading provider of qualified intermediary (QI) and 1031 Like-Kind Exchange (LKE) program solutions, is pleased to announce that its Senior Managing Director, Steve Chacon, has been appointed Treasurer of the Federation of Exchange Accommodators (FEA) and will serve on its Board of Directors.
    The FEA, which was formed in 1989, is the LKE industry’s governing body and the only national trade association organized to represent professionals who conduct LKEs under Internal Revenue Code §1031, including QIs, their primary tax and legal counsel, and affiliated industries.
    Chacon, who holds a CPA and a prestigious Certified Exchange Specialist® (CES®) designation and has been an active member of the FEA’s Government Affairs Committee for the past year, is looking forward to his new appointment as Treasurer.
    “I was honored to be considered for the appointment and even more honored that I was selected,” said Chacon. “I’m looking forward to working with such a well-respected and experienced team and contributing as one of their peers.”
    Chacon brings over 10 years of industry experience to his new role as FEA Treasurer and believes that his continued involvement on the Government Affairs Committee, which is at the forefront of the FEA’s legislative efforts, further reinforces Accruit’s commitment to the LKE industry.
    “Steve continues to be a leading expert in the field, and in our company,” said President and CEO of Accruit, Brent Abrahm, who is also an FEA board member and FEA past-president, “We are pleased to see him on the FEA Executive Board and we’re excited to see what his knowledge will bring to the table.”
    “The Accruit team is very passionate about defending its clients’ abilities to do 1031 exchanges and helping them conduct their business in the most efficient manner possible,” said Chacon. My work with the FEA is directly related to our client’s bottom line. By actively engaging with federal and state legislators, we can ensure that this tax-saving strategy remains as a benefit for our clientele.”
    Read the blog post here.

  • Accruit Senior Managing Director Steve Chacon Appointed Treasurer of Federation of Exchange Accommodators

    New Appointment Reinforces Accruit Team’s Commitment and Leadership Role in Serving the 1031 Exchange Market
    Denver, CO – September 13, 2013 – Accruit, LLC, the nation’s leading provider of qualified intermediary (QI) and 1031 Like-Kind Exchange (LKE) program solutions, is pleased to announce that its Senior Managing Director, Steve Chacon, has been appointed Treasurer of the Federation of Exchange Accommodators (FEA) and will serve on its Board of Directors.
    The FEA, which was formed in 1989, is the LKE industry’s governing body and the only national trade association organized to represent professionals who conduct LKEs under Internal Revenue Code §1031, including QIs, their primary tax and legal counsel, and affiliated industries.
    Chacon, who holds a CPA and a prestigious Certified Exchange Specialist® (CES®) designation and has been an active member of the FEA’s Government Affairs Committee for the past year, is looking forward to his new appointment as Treasurer.
    “I was honored to be considered for the appointment and even more honored that I was selected,” said Chacon. “I’m looking forward to working with such a well-respected and experienced team and contributing as one of their peers.”
    Chacon brings over 10 years of industry experience to his new role as FEA Treasurer and believes that his continued involvement on the Government Affairs Committee, which is at the forefront of the FEA’s legislative efforts, further reinforces Accruit’s commitment to the LKE industry.
    “Steve continues to be a leading expert in the field, and in our company,” said President and CEO of Accruit, Brent Abrahm, who is also an FEA board member and FEA past-president, “We are pleased to see him on the FEA Executive Board and we’re excited to see what his knowledge will bring to the table.”
    “The Accruit team is very passionate about defending its clients’ abilities to do 1031 exchanges and helping them conduct their business in the most efficient manner possible,” said Chacon. My work with the FEA is directly related to our client’s bottom line. By actively engaging with federal and state legislators, we can ensure that this tax-saving strategy remains as a benefit for our clientele.”
    Read the blog post here.