June 2021
Welcome New Board Member – Nace Cohen, CPA PLLC
FEA is happy to announce the appointment of Nace Cohen to fill the last year of a three-year term vacated by Jordon Born who has left the industry.

Nace graduated from the University of Florida with a bachelor’s degree in accounting in 1981, and spent much of his career with large real estate accounting and consulting firms in both the public and private sectors.
10 Ways to Become Involved in Legislative Advocacy
Meet face-to-face with your legislators.

1) Schedule an in-district visit with your U.S. Representative or U.S. Senator and/or their staff. Visit www.1031.org. Need to find their contact information

2) Attend a town hall in your area. Ask your Representative’s or Senator’s office when they will next be at a town hall or search online for town halls in your area.
GAC Update - June 2021
Two tracks are emerging as Congress considers President Biden’s proposed infrastructure spending and tax proposals. The first is a smaller, bipartisan package that consists of traditional infrastructure investments and the second is larger, budget reconciliation bill that could be passed in the Senate by a simple majority and without Republican support.  
45 Day and 180 Day Postponements for Disaster Areas in Louisiana
The IRS has issued postponements of the 45-day and 180-day deadlines as follows: Ascension, Calcasieu, East Baton Rouge, Iberville, and Lafayette Parishes for flooding that began on May 17, 2021. 

The Disaster Date is in bold above. (Note that some disasters occur on a single date; others, such as flooding, occur over a period of days and the Disaster Date above is preceded by beginning or began.) 
Related Party Issues in a 1031 Exchange – An In-depth Look  
Join us July 21, 2021 at 12:00 p.m. Eastern for a 1-hour webinar, Related Party Issues in a 1031 Exchange – An In-depth Look presented by Carol A. Hayden, Esq., CES® 
 
This webinar discusses: 
  • The statutory requirements contained in § 1031(f). 
  • Basis shifting and the legislative history/policy concerns regarding party exchanges. 
Do You Know?
Did you know….FEA has been a client for over 17 years of Williams & Jensen PLLC a DC lobbying firm co-founded in 1970 by J. D. Williams and the late Robert Jensen. FEA benefits greatly with from this relationship of highly effective government relations, grounded in technically proficient law. David E. Franasiak, Partner, is FEA’s key legislative contact
Certified Exchange Specialist® Directory Available Online
Looking for a CES® or want to know more about the CES® certification? Check out the online directory for CES® designees and their full contact information.
Affiliates First!
FEA thanks our Affiliate Members for their support of our FEA members and the 1031 exchange industry. In return, FEA members are encouraged to support our Affiliate Members.
Axos Bank
(858) 732-1381

BankUnited
(914) 305-9428

Capital One
(631) 304-3061

Capital Square 1031
(804) 290-7900 Ext 132

Clark Wealth Strategies, Inc.
(402) 504-3531

Colorado Financial Service Corporation
(303) 962-7267

Customers Bank, CB Private & Commercial BKNG-NY
(212) 843-2488

Effective 1031 Planning
(888) 251-3004

ExchangeRight Real Estate, LLC
(855) 317-4448

Four Spring Capital Trust
(732) 749-7339

Independent Financial
(469) 301-2791

Inland Real Estate Group
(630) 218-4953

Lockton Insurance Brokers, LLC
(415) 568-4106

Luther Burbank Savings
(858) 436-1830

Meltzer, Lippe, Goldstein & Breitstone, LLP
(516) 747-0300

Mercer 1031 Consulting, LLC
(866) 773-1031
Millcreek Commercial
(801) 899-1943

MNM Partners, LLC
(408) 221-3077

MUFG Union Bank, N.A.
(312) 601-3956

Nano Banc
(858) 880-5900

Northern Bank and Trust
(781) 569-1852

Passco Companies, LLC
(949) 263-7904

Peregrine 1031 Energy Partners
(214) 483-1997

Platform Ventures
(803) 464-4263

Realized Holdings LLC
(512) 827-3651

Revolution X
(610) 842-4780

Robbins May & Rich LLP
(910) 692-4900

Signature Bank
(646) 822-1946

Stan Johnson Company
(646) 778-5560

Syndicated Equities
(312) 640-9028

Tangible Wealth Solutions
(720) 996-1794

TriState Capital Bank
(412) 304-0464
Affiliate Spotlight
Capital Square 1031
10900 Nuckols, Rd., Suite 200
Glen Allen, VA 23060
(804) 290-6225
Clark Wealth Strategies, Inc.
12020 Shamrock Plaza, Suite 200
Omaha, NE 68154
(804) 290-7900 Ext. 132 Phone
From the FEA Executive Director's Desk
Just a reminder that First-Time membership is only $2,000. If you know anyone who is providing exchange services in your market and is not a member of the FEA please let them know. Yes, they are a competitor, but we are all in this together and the broader our base the stronger we stand in the halls of Congress.
 
If you are uncomfortable reaching out then send a quick email to Al Caporale, Carol Hayden or Toija Beutler, Co-Chairs of the Membership Committee, and we will make that call.
Job Postings
Job postings are intended as a service to our members by allowing companies to post employment opportunities for 90 days. Check out these newest job postings in the Members Center.

Asset Preservation, Inc. We are currently looking for an Administrative Assistant to support the teams that work with our clients. A qualified Administrative Assistant will have at least 2 years of experience as an Administrative Assistant. Having the skills associated with being a top notch Administrative Assistant, specifically, the ability to think critically, prioritize, organize, multitask and work in a fast-paced environment, will help you be successful at API. Having a real estate back-ground will help tremendously.


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First American Exchange Company is growing! See posted openings including details and information for how to apply.

Specific positions:
Chicago, Here We Come!
We’re so excited about Chicago. They are opening up and there is so much to do! Consider coming early and/or staying late to enjoy the Chicago area. Choose Chicago (https://www.choosechicago.com/) has a great list of things to do including: 
  • Biking 
  • Tours 
  • History 
  • Hikes 
  • Restaurants 
  • Sports 
  • Cruises 
  • Zoos 
  • Architecture 
  • Cheesecake 
  • Pizza 
  • And more! 

We can’t wait to see you Chicago!

FEA Annual Conference
1031 – A Century of Growth 
September 22–24, 2021
The Palmer House Hilton
17 East Monroe Street
Chicago, Illinois
We Want to Learn More About You
FEA Annual Conference Attendees are notorious about visiting the exhibits at the FEA Annual Conferences. They want to learn more about your products and services.
 
This year’s conference we are expecting a good turnout! There will be some who still can’t travel, but those that can are the stakeholders and FEA’s biggest followers. Through sponsoring the event, you have an opportunity to connect directly with them.
 
Click here for more information about available sponsorships. Opportunities are selling out fast! Question? Contact meetings@1031.org.
New Threats to Section 1031 Like-Kind Exchanges
1031 PAC
The FEA 1031PAC contributes to Members of Congress of both political parties. The FEA 1031PAC is funded by eligible individual employees. To become eligible, individuals must be employed by FEA member companies that have filed a Permission to Solicit form. A Permission to Solicit form is required by the Federal Election Commission before FEA can solicit eligible employees of member companies. 
 
Member companies are only permitted to grant one trade association permission to solicit their employees per calendar year. Contact Lynn Harkin at director@1031.org for more information.
 
FEA Member Key Contacts can find a Permission to Solicit Form here.
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