ABOUT THE FEA
The Federation of Exchange Accommodators (FEA) is the only national trade association organized to represent professionals who conduct like-kind exchanges under Internal Revenue Code §1031. Members include Qualified Intermediaries (QIs), their primary tax and legal counsel, and affiliated industries (TIC sponsors, banks, real estate brokers, title companies, settlement/escrow agents, etc.).
FEA is the voice for the 1031 exchange industry and works diligently to:
- Provide tools, resources and legislative updates to member companies;
- Educate consumers on effectively using 1031 exchanges to defer capital gains tax;
- Drive legislation to ensure appropriate consumer and industry protection; and,
- Work closely with professions affiliated with the 1031 industry including real estate professionals, attorneys, CPAs, DST and NNN Broker/Dealers, escrow agents, and financial institutions
Professional Qualified Intermediaries (QIs), or the unrelated third-party professionals who facilitate like-kind exchanges, are central to Section 1031. QIs are knowledgeable in the details and ethics of Section 1031, are required by law, maintain the integrity of the transaction, and prevent abuse of Section 1031. Qualified Intermediaries differ from real estate professionals, DST, and NNN brokers.
Federation of Exchange Accommodators
1255 SW Prairie Trail Pkwy.
Ankeny, IA 50023
Lynn Harkin, FEA executive director,
(515) 244-6515(515) 244-6515, or
** On deadline and after-hours, please contact Executive Director Lynn Harkin at (515) 250-1489.
FEA can assist with:
- Expert sources on Section 1031
- FEA or Section 1031 spokespersons
- Section 1031 like-kind exchanges
- Qualified Intermediaries
- Information on economic studies concerning Section 1031
Staff members can direct you to FEA spokespeople or Qualified Intermediaries with expertise on a wide variety of timely issues related to Section 1031 like-kind exchanges.
The office is open Monday-Friday, 8:00 a.m. to 5:00 p.m. CT.
- FEA News Release: Study Shows Like-Kind Exchanges Increase Real Estate Investment, Capital Improvements and Jobs: Repeal of Section 1031 Would Disrupt Local Property Markets, Slow Economic Growth, and Harm Tenants and Owners (7/13/2015)
- FEA News Release: Federation of Exchange Accommodators Announces Revised Study Shows Repealing Like-Kind Exchange Rules Would Hurt U.S. Economy More Than Previously Estimated (3/9/2016)
- FEA News Release: Study Finds Repealing Like-Kind Exchange Rules Would Hurt U.S. Small Businesses (3/15/2015)
- FEA News Release: Qualified Intermediaries Celebrate 25 Years of Section 1031 Like-Kind Exchange Compliance and Taxpayer Protections (9/14/2016)
See the FEA Library for whitepapers, comments, and informational handouts.