Deferred Like Kind Exchanges for Equipment Lessors Out of Stock
Product Details
By Jay H. Zukerman and Frederick Gordon
Fall 1995 Issue
Equipment lessors that continuously dispose of, and reinvest in, depreciable property used in their businesses may defer taxable gain by qualifying under the like kind exchange rules of the Internal Revenue Code. Recent private letter rulings of the Internal Revenue Service demonstrate the flexibility granted to lessors.
By Jay H. Zukerman and Frederick Gordon<br />Fall 1995 Issue<br /><br />Equipment lessors that continuously dispose of, and reinvest in, depreciable property used in their businesses may defer taxable gain by qualifying under the like kind exchange rules
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