An on-going exchange program is a comprehensive solution offered by Time Value Property Exchange to companies that continually dispose of their depreciated assets, replace them within the regular course of their business, and want to defer capital gains tax, from the dispositions into the replacement properties under IRC Section 1031. An on-going exchange program can be integrated into a company wide asset management program, whereby every asset disposition is positioned as a 1031 exchange. Captive auto-leasing companies, bank lessors, freight companies, real estate investment trusts, hospitality companies, and equipment leasing companies are a few examples of organizations that can benefit from our exchange program and defer millions in capital gains tax under IRC Section 1031. Tax savings derived from our on-going exchange program enables those companies to better utilize their cash and be more competitive.
An ongoing 1031 exchange program may seem simple, but there are many critical details that need to be considered:
- Business Process — Do you utilize structured business processes to accommodate an on-going exchange program? Would you like the ability to sell relinquished properties and have a third party develop the replacement properties to your specifications?
- Timing — Does your company have 1031 exchange timing issues? How do scheduled dispositions and planned purchases of multiple properties coincide with the timing rules defined under IRC Section 1031 and Revenue Procedure 2000-37?
- Software — Do you currently employ asset tracking software or fleet management software? Does your software account for tax deferred exchanges? Is your asset management software system integrated with your Qualified Intermediary and Exchange Accommodation Titleholder?
These are just a few issues that you may face if you are contemplating a 1031 exchange program for multiple assets. At Time Value Property Exchange, our trained professionals will lead you by the hand throughout the entire exchange program, from design to program implementation. Please call us at 800-753-6933 for a consultation.
|
 |