Accommodator Finance Company, a leading nationwide 1031 Exchange firm reports that the IRS has issued a notice of extension for 36 Louisiana parishes in response to Hurricane Gustav.

Although the commercial marketplace has not experienced the drastic declines that we have seen in the residential market, there are conditions affecting commercial real estate that give reason for us to take a good hard look at what is on the horizon.

Exchanges of partnership interests do NOT qualify under IRS Code Section 1031, therefore when partners want to end their relationship they cannot exchange out of their partnership interests into another partnership interest or real property under Code Section 1031

In the event our Taxpayer/Client is unable to locate suitable Replacement property within the IRS regulated guidelines, AFC will refund the Relinquished property base fee. (Expires on 12/31/08)

When an Exchanger elects to carry back a Note on the Relinquished property (the sale or Phase I Property), there are basically two options for treatment of the Note

Accommodator Finance Company is pleased to announce the hiring of its new Sr. Exchange Officer, Brenda Rosado

Kevin Levine, Vice President of Accommodator Finance Company, was a featured exhibitor at the 52nd Annual CEA Conference , held at the Wyndham Hotel in Palm Springs, CA. The California Escrow Association holds the event annually in order to educate escrow professionals on such issues as compliance, fraud, and operational improvements.

Accommodator Finance Company announced the launching of their new interactive website. The newly designed site boasts significant functionality increases, with capital gain and timeline calculators, online exchange submissions and various other resource tools.

1031 Exchange Expert Kevin Levine defines what the 45 and 180 day deadlines are and how real estate investors can benefit.

Kevin Levine, a 1031 exchange expert and Vice President of Accommodator Finance Company, has written several brief articles that explain the benefits of the 1031 exchange process. His latest article, which discusses the benefits of an Improvement Exchange, will be featured on his company's website as well as being released in a national real estate investment magazine.

LA Direct Magazine which spotlights Los Angeles-area tastemakers, profiles Kevin Levine in its "People--Power Brokers" section appearing in the April issue.