<h2>FEA "The Voice of the 1031 Industry" Releases an Important Paper&nbsp;This Week!</h2>

<h3>Understanding the Impact of Depreciation on Like-Kind Exchanges</h3>

<p><em>"Like-kind exchanges under IRC §1031 support investment in commercial and residential real estate and encourage preservation of family-owned farms, ranches, and forestland. Like-kind exchanges provide deferral, not elimination, of tax. By preserving cash flow, section 1031 encourages taxpayers to divest properties that are under-utilized, inefficient, or that simply do not meet current needs, with replacement properties that will permit businesses to grow and thrive." </em>Read the complete article to learn more.</p>

<p>(Quote and Article Credit: FEA | Federal Exchange Accommodators)</p>

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<p><em>"It was important for the FEA to publish a piece that provides clarity to the accounting and depreciation impact of 1031 transactions. I was pleased to collaborate with Suzanne Baker, from IPX1031 on this paper."</em></p>

<p>- <strong>Brent Abrahm</strong>, President &amp; Chief Executive Officer | Accruit</p>
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<p><em><strong>Click to view and download the full article! -&nbsp;</strong></em><a href="https://f.hubspotusercontent20.net/hubfs/6205670/FEA%20Understanding%20…; target="_blank" title="FEA Understanding the Impact of Depreciation on Like-Kind Exchanges">FEA Understanding the Impact of Depreciation on Like-Kind Exchanges</a></p>

<h2>FEA "The Voice of the 1031 Industry" Releases an Important Paper&nbsp;This Week!</h2>

<h3>Understanding the Impact of Depreciation on Like-Kind Exchanges</h3>

<p><em>"Like-kind exchanges under IRC §1031 support investment in commercial and residential real estate and encourage preservation of family-owned farms, ranches, and forestland. Like-kind exchanges provide deferral, not elimination, of tax. By preserving cash flow, section 1031 encourages taxpayers to divest properties that are under-utilized, inefficient, or that simply do not meet current needs, with replacement properties that will permit businesses to grow and thrive." </em>Read the complete article to learn more.</p>

<p>(Quote and Article Credit: FEA | Federal Exchange Accommodators)</p>

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<p><em>"It was important for the FEA to publish a piece that provides clarity to the accounting and depreciation impact of 1031 transactions. I was pleased to collaborate with Suzanne Baker, from IPX1031 on this paper."</em></p>

<p>- <strong>Brent Abrahm</strong>, President &amp; Chief Executive Officer | Accruit</p>
</div>
</div>
</div>

<hr />
<p><em><strong>Click to view and download the full article! -&nbsp;</strong></em><a href="https://f.hubspotusercontent20.net/hubfs/6205670/FEA%20Understanding%20…; target="_blank" title="FEA Understanding the Impact of Depreciation on Like-Kind Exchanges">FEA Understanding the Impact of Depreciation on Like-Kind Exchanges</a></p>

<h2>FEA "The Voice of the 1031 Industry" Releases an Important Paper&nbsp;This Week!</h2>

<h3>Understanding the Impact of Depreciation on Like-Kind Exchanges</h3>

<p><em>"Like-kind exchanges under IRC §1031 support investment in commercial and residential real estate and encourage preservation of family-owned farms, ranches, and forestland. Like-kind exchanges provide deferral, not elimination, of tax. By preserving cash flow, section 1031 encourages taxpayers to divest properties that are under-utilized, inefficient, or that simply do not meet current needs, with replacement properties that will permit businesses to grow and thrive." </em>Read the complete article to learn more.</p>

<p>(Quote and Article Credit: FEA | Federal Exchange Accommodators)</p>

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<div class="row " data-row-lg="none" data-row-md="4_8" data-row-none="auto" data-row-sm="none" data-row-xl="none">
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</div>

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<p>&nbsp;</p>

<p>&nbsp;</p>

<p><em>"It was important for the FEA to publish a piece that provides clarity to the accounting and depreciation impact of 1031 transactions. I was pleased to collaborate with Suzanne Baker, from IPX1031 on this paper."</em></p>

<p>- <strong>Brent Abrahm</strong>, President &amp; Chief Executive Officer | Accruit</p>
</div>
</div>
</div>

<hr />
<p><em><strong>Click to view and download the full article! -&nbsp;</strong></em><a href="https://f.hubspotusercontent20.net/hubfs/6205670/FEA%20Understanding%20…; target="_blank" title="FEA Understanding the Impact of Depreciation on Like-Kind Exchanges">FEA Understanding the Impact of Depreciation on Like-Kind Exchanges</a></p>

<center>
<p style="text-align:center"><a href="https://cta-redirect.hubspot.com/cta/redirect/6205670/c8b34ccf-32da-4e5…; target="_blank"><img alt="Take Action to Support 1031 Exchanges" class="hs-cta-img" height="48" id="hs-cta-img-c8b34ccf-32da-4e58-9728-5f4fcc14a855" src="https://no-cache.hubspot.com/cta/default/6205670/c8b34ccf-32da-4e58-972…; style="border-width:0px;" width="216" /></a></p>
</center>

<p class="MsoNormal">Section 1031 of the tax code positively impacts more than 19,500 communities, supports 568,000 jobs and adds $55 billion in value to our GDP.<span style="mso-spacerun:yes">&nbsp; </span>1031 like-kind exchanges facilitate repurposing commercial real estate to a more productive use and helps American farmers better finance their operations. President Joe Biden’s proposed American Family Plan places severe limitations on Internal Revenue Code Section 1031 like-kind exchanges. Our communities will be severely impacted if we do not take action to preserve IRS Section 1031.&nbsp; <o:p></o:p></p>

<p class="MsoNormal"><o:p></o:p></p>

<p><strong>How can I help?</strong></p>

<ol>
<li><a aria-label="Save 1031 Exchange Submit a Letter to Congress" href="https://www.1031taxreform.com/take-action/&quot; title="Save 1031 Exchange Submit a Letter to Congress">Submit a letter to congress</a><o:p></o:p></li>
<li class="MsoNormal">Spread the word! Talk to those around you about this issue and why it matters</li>
</ol>

<p class="MsoNormal"><o:p></o:p></p>

<p style="margin-bottom:11px">Section 1031 impacts the growth of our communities.’ Support Section 1031 today!&nbsp;#Revolutionize1031</p>

<hr />
<center>&nbsp;</center>
<!--HubSpot Call-to-Action Code -->

<center>
<p style="text-align:center"><a href="https://cta-redirect.hubspot.com/cta/redirect/6205670/c8b34ccf-32da-4e5…; target="_blank"><img alt="Take Action to Support 1031 Exchanges" class="hs-cta-img" height="48" id="hs-cta-img-c8b34ccf-32da-4e58-9728-5f4fcc14a855" src="https://no-cache.hubspot.com/cta/default/6205670/c8b34ccf-32da-4e58-972…; style="border-width:0px;" width="216" /></a></p>
</center>

<p class="MsoNormal">Section 1031 of the tax code positively impacts more than 19,500 communities, supports 568,000 jobs and adds $55 billion in value to our GDP.<span style="mso-spacerun:yes">&nbsp; </span>1031 like-kind exchanges facilitate repurposing commercial real estate to a more productive use and helps American farmers better finance their operations. President Joe Biden’s proposed American Family Plan places severe limitations on Internal Revenue Code Section 1031 like-kind exchanges. Our communities will be severely impacted if we do not take action to preserve IRS Section 1031.&nbsp; <o:p></o:p></p>

<p class="MsoNormal"><o:p></o:p></p>

<p><strong>How can I help?</strong></p>

<ol>
<li><a aria-label="Save 1031 Exchange Submit a Letter to Congress" href="https://www.1031taxreform.com/take-action/&quot; title="Save 1031 Exchange Submit a Letter to Congress">Submit a letter to congress</a><o:p></o:p></li>
<li class="MsoNormal">Spread the word! Talk to those around you about this issue and why it matters</li>
</ol>

<p class="MsoNormal"><o:p></o:p></p>

<p style="margin-bottom:11px">Section 1031 impacts the growth of our communities.’ Support Section 1031 today!&nbsp;#Revolutionize1031</p>

<hr />
<center>&nbsp;</center>
<!--HubSpot Call-to-Action Code -->

<center>
<p style="text-align:center"><a href="https://cta-redirect.hubspot.com/cta/redirect/6205670/c8b34ccf-32da-4e5…; target="_blank"><img alt="Take Action to Support 1031 Exchanges" class="hs-cta-img" height="48" id="hs-cta-img-c8b34ccf-32da-4e58-9728-5f4fcc14a855" src="https://no-cache.hubspot.com/cta/default/6205670/c8b34ccf-32da-4e58-972…; style="border-width:0px;" width="216" /></a></p>
</center>

<p class="MsoNormal">Section 1031 of the tax code positively impacts more than 19,500 communities, supports 568,000 jobs and adds $55 billion in value to our GDP.<span style="mso-spacerun:yes">&nbsp; </span>1031 like-kind exchanges facilitate repurposing commercial real estate to a more productive use and helps American farmers better finance their operations. President Joe Biden’s proposed American Family Plan places severe limitations on Internal Revenue Code Section 1031 like-kind exchanges. Our communities will be severely impacted if we do not take action to preserve IRS Section 1031.&nbsp; <o:p></o:p></p>

<p class="MsoNormal"><o:p></o:p></p>

<p><strong>How can I help?</strong></p>

<ol>
<li><a aria-label="Save 1031 Exchange Submit a Letter to Congress" href="https://www.1031taxreform.com/take-action/&quot; title="Save 1031 Exchange Submit a Letter to Congress">Submit a letter to congress</a><o:p></o:p></li>
<li class="MsoNormal">Spread the word! Talk to those around you about this issue and why it matters</li>
</ol>

<p class="MsoNormal"><o:p></o:p></p>

<p style="margin-bottom:11px">Section 1031 impacts the growth of our communities.’ Support Section 1031 today!&nbsp;#Revolutionize1031</p>

<hr />
<center>&nbsp;</center>
<!--HubSpot Call-to-Action Code -->