Associated Equipment Distributors selected Accruit, LLC, as its preferred provider of 1031 Like-Kind Exchange Programs (LKE) for the third consecutive year. Established in 1919, Oak Brook, Ill.-based AED aids its equipment distribution constituency through networking, industry research, education, political activities and a wide range of profit-enhancing management tools.
“In selecting Accruit as our preferred provider of Like-Kind Exchange Services three years ago, we were certain of their ability to perform to our high standards,” said Toby Mack, AED president. “After reviewing Accruit’s exceptional performance and client service for our members over the past several years, we are confident that Accruit still offers an exceptional LKE management service.“
Denver-based Accruit is the only full-service 1031 exchange service provider solely dedicated to personal property exchange management. Originally designed for the heavy equipment industry, Accruit now actively manages more than $3.6 billion in LKE assets and 120,000 LKE transactions per year for more than 80 clients in 45 states.