# Deferred

> Deferred is a technology-powered Qualified Intermediary (QI) that facilitates 1031 real estate exchanges without charging a service fee. Instead of billing customers, it holds exchange funds in FDIC-insured, segregated accounts and shares a portion of the interest those funds earn back with clients. The platform pairs veteran QI staff with software that drafts exchange documents, tracks the strict 45- and 180-day IRS deadlines, and offers ARTE, an AI assistant trained on thousands of pages of tax law. Founded in 2024 by the team behind Open Listings and Balance Homes, Deferred aims to give individual real estate investors access to a tax strategy long dominated by institutions.

- **Founded:** 2024
- **Headquarters:** Pasadena, California, United States
- **Founders:** Judd Schoenholtz (CEO & Co-Founder), Alex Farrill (Co-Founder), Aaron LaRue (Co-Founder)
- **Team size:** ~24 employees
- **Products:** No Fee 1031 Exchange, Exchange Management Platform, ARTE (Advanced Real-estate Tax Expert), 1031 Exchange / Deferred Gains Calculator, Interest Sharing
- **Notable:** Raised $3.6M seed round in April 2025 led by B Capital and Fika Ventures., Acquired Plenti Financial, a QI with nearly 7,000 completed exchanges., Built ARTE, an AI tax assistant trained on 8,000+ pages of tax law.

## Products & services

- **No Fee 1031 Exchange** — Acts as a Qualified Intermediary for 1031 exchanges without charging a service fee; earns revenue on the interest of held funds and shares a portion back with clients.
- **Exchange Management Platform** — Software-driven portal that drafts exchange documents, manages fund transfers, and tracks the IRS 45-day identification and 180-day completion deadlines.
- **ARTE (Advanced Real-estate Tax Expert)** — An AI chatbot trained on 8,000+ pages of US tax law that gives instant answers to 1031 exchange and real estate tax questions.
- **1031 Exchange / Deferred Gains Calculator** — Free tool to estimate capital gains that can be deferred and model an affordable replacement property.
- **Interest Sharing** — Exchange funds held in FDIC-insured, segregated accounts earn interest, and Deferred shares a portion of that interest with the client.
- **Reverse & Improvement Exchanges** — Support for more complex exchange structures beyond the standard delayed exchange.

## Achievements

- Raised $3.6M seed round in April 2025 led by B Capital and Fika Ventures.
- Acquired Plenti Financial, a QI with nearly 7,000 completed exchanges.
- Built ARTE, an AI tax assistant trained on 8,000+ pages of tax law.
- Founding team previously exited Open Listings (to Opendoor, 2018) and Balance Homes (to EasyKnock, 2023).

## Latest updates

- **2025-04** — Announced $3.6M seed funding to modernize and democratize tax-deferred real estate investing.
- **2024** — Founded and acquired Plenti Financial (formerly 1031 Exchange Advantage) to establish its Qualified Intermediary operations.

## Links

- Website: https://deferred.com
- LinkedIn: https://www.linkedin.com/company/deferred-com
- YouTube: https://www.youtube.com/@getdeferred

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Profile page: https://yespress.io/deferred
Published by YesPress — https://yespress.io
Last updated: 2026-07-06