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Leonard Spoto

Founder & Principal

Leonard Spoto is a co-founder and principal of Asset Exchange Company, an independent nationwide 1031 Exchange Qualified Intermediary. With approximately 25 years devoted to Section 1031 exchanges, Leonard has helped build AEC into a firm that has facilitated approximately 22,000 exchanges since 2006.


Leonard oversees AEC’s sales, marketing, professional education, and strategic relationships. He has presented accredited courses and 1031 exchange workshops to more than 30,000 Realtors, escrow and title professionals, lenders, attorneys, tax professionals, and real estate investors. He has also written numerous articles about delayed, reverse, construction, partnership, and complex exchange issues.

Speaking and educational topics

  • 1031 Exchange Basics

  • Advanced 1031 Exchange Strategies

  • Common Problems and Pitfalls

  • Reverse and Construction Exchanges

  • Planning for an eventual 1031 exchange during the property acquisition

  • Partnership, LLC, drop-and-swap, and same-taxpayer issues

  • DSTs, replacement-property alternatives, and 721 UPREIT strategies


Leonard is available for association meetings, professional education programs, brokerage events, investor workshops, webinars, and conference breakout sessions.

When Leonard is not talking 1031, he spends most of his free time shuttling his two kids between school, sports, piano, etc.  When not ubering for his family he tries not to crash his mountain bike.

877-471-1031

Leonard Spoto

SCHEDULE A CONSULTATION

Corporate Headquarters
3515 Mt. Diablo Blvd, Suite #95
Lafayette, CA 94549
Tel: 877.471.1031
Fax: 877.480.1031

 

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© 2026 by Asset Exchange Company All rights reserved.

WASHINGTON STATE LAW, RCW 19.310.040, REQUIRES AN EXCHANGE FACILITATOR TO EITHER MAINTAIN A FIDELITY BOND IN AN AMOUNT OF NOT LESS THAN ONE MILLION DOLLARS THAT PROTECTS CLIENTS AGAINST LOSSES CAUSED BY CRIMINAL ACTS OF THE EXCHANGE FACILITATOR, OR TO HOLD ALL CLIENT FUNDS IN A QUALIFIED ESCROW ACCOUNT OR QUALIFIED TRUST THAT REQUIRES YOUR CONSENT FOR WITHDRAWALS. ALL EXCHANGE FUNDS MUST BE DEPOSITED IN A SEPARATELY IDENTIFIED ACCOUNT USING YOUR TAXPAYER IDENTIFICATION NUMBER. YOU MUST RECEIVE WRITTEN NOTIFICATION OF HOW YOUR EXCHANGE FUNDS HAVE BEEN DEPOSITED. YOUR EXCHANGE FACILITATOR IS REQUIRED TO PROVIDE YOU WITH WRITTEN DIRECTIONS OF HOW TO INDEPENDENTLY VERIFY THE DEPOSIT OF THE EXCHANGE FUNDS. EXCHANGE FACILITATION SERVICES ARE NOT REGULATED BY ANY AGENCY OF THE STATE OF WASHINGTON OR OF THE UNITED STATES GOVERNMENT. IT IS YOUR RESPONSIBILITY TO DETERMINE THAT YOUR EXCHANGE FUNDS WILL BE HELD IN A SAFE MANNER.

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