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Many rental companies, dealers and contractors are taking advantage of like-kind-exchange
(LKE) transactions to defer taxable gains on qualifed sales of used equipment...
(MORE) or pdf.
(As printed in the June 2007 issue of Rental Product News.)
Improved cash flow, debt reduction and better margins are goals common to most dealers,
regardless of size, location or brand; however, the methods each dealer employs to reach
those goals are different. One that works is leveraging Section 1031 of the Internal
Revenue Code...(MORE).
(As printed in the January 2007 issue of CED Magazine.)
Because some companies do not have the sales volume or labor to perform
like-kind exchanges, technology has stepped in to help. Accruit’s Brent
Abrahm describes the world of like-kind exchanges, their processes and regulations,
and demonstrates why they’re important for the leasing industry for deferring
gain taxes, in many cases, indefinitely. (As printed in the November/December
2006 issue of The Monitor.)
Scott Powerline implemented a Like-Kind Exchange program with Accruit.
Read about how the program provides additional cash for reinvestment
for Scott and its customers.
(As printed in the Fall 2006 issue of Powerlines.)
At the September Car Rental Show in Las Vegas, Accruit, LLC, the leading provider
of Like-Kind Exchange services for the car rental industry, presented on the
cash flow benefit of LKE programs. In case you missed the session, this article
was published in the January/February 2006 Auto Rental News outlining
some of the key points of that presentation.
The first of two articles written by Accruit for North
American Equipment Dealers Association's January 2006 edition
of Equipment Dealer Magazine, outlining the basic process
of an LKE program
The second of two articles written by Accruit for North American Equipment
Dealers Association's February 2006 edition of Equipment Dealer Magazine,
outlining the potential benefit of an LKE program
An article written by Accruit executives for the Monitor, a leasing
industry trade journal that is published monthly by Monitor Leasing and Financial
Services and distributed to over 18,000 subscribers throughout the United States.
Denver Business Journal
March 26, 2002
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