FEA Federation of Exchange Accommodators

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Interested in joining a professional trade association that allows you to stay informed of the latest Section 1031 transaction techniques, receive specialized updates and information on IRS rulings, provides opportunities for networking with other Section 1031 professionals at regional and national conferences, and enhances your professional credibility with it's membership? Then consider becoming a Member of the FEA.

The FEA is the only national trade organization formed to represent Qualified Intermediaries, their primary legal/tax advisors and affiliates who are directly involved in Section 1031 Exchanges. With over 300 member companies and multiple committees focused on issues of industry concerns, the FEA is the recognized national voice of the industry. And only FEA Members are eligible to earn the distinguished Certified Exchange Specialist® (CES®) designation.

The FEA takes an active role in responding to legislative and regulatory actions at both the state and national level. The association has retained a leading Washington, D.C., tax advocate to monitor federal legislative and regulatory proposals. Due to the presence of our tax advocate and through the efforts of Members, the FEA has been able to keep pace with federal developments virtually as they occur. On numerous occasions, the FEA and its Members have successfully presented and advocated taxpayer-friendly positions to the IRS, House Ways and Means Committee, Senate Finance Committee, and the Joint Committee on Taxation in connection with legislative and regulatory proposals.

Additionally, the FEA monitors activities of state legislatures and regulatory agencies through the vigilance of its Members. In several significant instances, the FEA provided commentary and testimony to state legislatures and regulatory agencies that shaped their approach to the licensing and regulation of exchange professionals and influenced state taxation and procedures for exchange transactions. The collective strength of the FEA as an organization provides a clear unified voice as an advocate for the issues affecting the exchange industry.

Since 1997, the FEA has offered its members direct and exclusive access to Fidelity Bonding and Errors & Omissions (E&O) insurance programs. Using its joint purchasing power, the FEA has negotiated preferred rates and broad coverage terms from A-rated insurers, specifically tailored to meet the needs of the 1031 industry.

The Fidelity Bond program covers losses due to dishonest or fraudulent activity by insiders. The FEA program allows independent intermediaries to compete more effectively against larger rivals.

The E&O program protects against legal liabilities arising directly from 1031 activities. In today's litigious environment, claims alleging professional negligence, with or without merit, are all too common and all too expensive. FEA member E&O policies will pay any legal bills, settlements, awards and judgments resulting from such a claim. For some FAQ’s about the insurance program click here.

Membership Dues are $975.00. This allows each company one Member with voting rights and up to 2 Member participants who serve as alternates. With so many opportunities to increase your knowledge and expertise, it's a small investment with unlimited benefits. Join the FEA today.

If you have any questions about FEA Membership, please contact Kathryn E. Gifford, FEA Executive Director at fea@fernley.com or 215-320-3881.

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