Proven tax deferral strategies for leasing operations.
Leasing firms across the country have waged an ongoing battle against shrinking margins in their attempts to thrive in increasingly competitive markets. Now, in addition to these pressures, credit lines are drying up and even the largest firms are struggling to find reliable sources of operating cash.
Fortunately, there’s a tried and true strategy for driving cash flow—1031 Like-Kind Exchanges, which allow companies like yours to keep your cash and invest it back into the business.
Accruit has acted as the qualified intermediary for many of the most prestigious leasing companies in the U.S., assisting them in deferring millions of dollars in tax liability. Success stories include a Monitor top 20 lessor where Accruit helped managed an exchange of over 1,200 rail cars with a value of $100+ million. For a top 125 U.S. lessor with assets in construction equipment, buses, trailers, trucks and automobiles, Accruit assisted in deferring approximately $9 million in tax over two years, resulting in a $3.5-million cash flow benefit to the company. These are just a couple of examples within the leasing industry – and your business could be our next great success story.