DENVER/ FEBRUARY 19, 2019 (STL.News)
Accruit, a trusted managed service provider of 1031 exchanges, announced that, since its latest release in 2018, the Accruit Exchange ManagerSM (Exchange Manager) has processed more than a thousand like-kind exchanges in 38 states plus the District of Columbia. With this application, investors and their advisors can efficiently and securely manage 1031 exchange transactions that provide capital gains tax deferral and increased cash flow.
Exchange Manager features include paperless processing, deadline-tracking and automated exchange notifications. Data may be entered directly into the application to generate all required exchange documents and give clients, their advisors and attorneys access to the information and relevant documents they need throughout the life of an exchange.
Architected with progressive and proven technology from Fortune 100 companies, the proprietary software is hosted in redundant and fault-tolerant cloud data center, ensuring 24/7/365 availability. Data is encrypted and continuously backed up, and access to the application is secured behind a robust web application firewall.
Exchange Manager handles everything from the most basic to the most complex of forward exchanges including seller-financed transactions, multiple relinquished and replacement properties, and exchanges of fractional interests of real estate. Exchange Manager can also handle the forward portion of parking exchanges, including reverse, build-to-suit and improvement exchanges.
Exchange Manager Pro
In 2018, Accruit began piloting Exchange Manager Pro, a managed service offering combining Exchange Manager with access to a team of exchange professionals, freeing clients, often qualified intermediaries wishing to focus their attention and resources on growing their businesses, from all of the back-office processing inherent to 1031 exchanges.
“Exchange Manager Pro clients might be boutique qualified intermediaries, attorneys already providing 1031s as an additional service to their clients or completely new entrants to the 1031 industry wishing to offer their network the full suite of services that Accruit provides,” said Brent Abrahm, Accruit CEO. “Exchange Manage Pro adds value for their customers without adding administrative chores, operational costs or complex regulatory burdens.”
Accruit is the leading, independent, trusted managed service provider of digital 1031 exchange services. We specialize in these complex financial transactions so you don’t have to; allowing you to focus on your customers. 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. Learn more at http://www.accruit.com.