Accruit

Accruit is a Denver qualified intermediary (QI) and exchange accommodation titleholder (EAT) for like-kind exchanges under IRC Section 1031. It handles forward exchanges, reverse exchanges, build-to-suit and improvement exchanges, and specialty non-safe-harbor transactions.

Alongside the standard exchange desk, a Private Client Group works with family offices, wealth managers, and institutional investors, and the firm says its team has structured exchanges involving conservation easements, permits and leases, oil and gas and water and mineral rights, cell towers, solar and wind farms, fiberoptic cable, condominium deconversions, large-scale single-family rental programs, and 1031/721 UPREIT acquisitions. Two technology products sit next to the service: QI Connect, a platform with an embedded QI for firms that want to offer exchanges with Accruit acting as back-office QI, and Exchange Manager Pro, workflow software licensed to firms running their own QI operation.

Accruit was formed in March 2000 and reports facilitating more than $6.9 billion in real estate transactions as the QI, and supporting more than $39 billion in transactions across its full set of solutions. It sold to Inspira Financial in April 2023, a company it says holds more than $65 billion in assets under custody, and it grew earlier by acquiring North Star Deferred Exchange in 2011, Bankers Escrow, and American Equity Exchange. The site publishes a resource center, education courses, 1031 FAQs, and deadline, capital gains, depreciation, and debt replacement calculators.

Fees are not published, and the pages describing the firm's fund security protocols did not load for review. Ask how exchange funds are held and segregated, and what the QI charges for the specific exchange type, before signing. Accruit states that it acts solely as a qualified intermediary and does not give investment, legal, or tax advice.