Federation of Exchange Accomodators


The Federation of Exchange Accommodators (FEA) is the only national trade organization formed to represent qualified intermediaries (QI's), their primary legal/tax advisors and affiliates who are directly involved in Section 1031 Exchanges. Formed in 1989, the FEA was organized to promote the discussion of ideas and innovations in the industry, to establish and promote ethical standards of conduct for QI's, to offer education to both the exchange industry and the general public, and to work toward the development of uniformity of practice and terminology within the exchange profession. The FEA also provides timely input and updates on pending State and Federal legislation, Internal Revenue Service and Treasury Rulings, and Court Decisions.

In 1991, the U.S. Treasury adopted regulations which govern Section 1031 Exchanges. Since the adoption of the regulations, thousands of investors have deferred capital gain taxes on the disposition of their business, investment or income property by utilizing the services of a professional QI. Members of the FEA represent the companies whose primary business is acting as QIs for Section 1031 Exchanges.

The FEA takes an active role in responding to legislative and regulatory actions at both the state and national level. The association has repeatedly presented commentary to the IRS, House Ways and Means Committee and Senate Finance Committee in connection with legislative proposals under review and consideration by Congress to amend IRC Section 1031 and related tax provisions. The FEA has provided commentary and testimony to many state legislatures and regulatory agencies regarding the licensing and regulation of exchange professionals. The FEA remains committed to actively monitoring the issues affecting the exchange industry.


Mission: To serve, preserve, and advance Section 1031 Exchanges and the QI industry.

Vision: FEA is recognized by the public policy makers and US taxpayers as the industry leader and standard setter for the exchange industry.



FEA Code of Ethics
Code of Ethics Enforcements


For More Information
Please contact:
Lynn Harkin, CAE - Executive Director
Federation of Exchange Accommodators
1255 SW Prairie Trail Parkway
Ankeny, IA 50023
Email: director@1031.org
Tel.: (515) 244-6515
Fax: (515) 334-1174