Auto Rental News
Access Now


Like Kind Exchange (LKE) Programs: A Case Study in Cash Flow Improvement

If you’re a car rental company owner, you can dramatically improve your cash flow by implementing a proven tax strategy called a Like Kind Exchange (LKE) Program. Section 1031 of the Internal Revenue Code provides that tax gain is not recognized when business-use property is "exchanged" for other property of like kind, allowing  a company to convert otherwise taxable transactions into tax-deferred exchanges without disrupting the way they currently conduct their business.

By WTP Advisors

Skip the form & save time! Log in to Bobit Connect now to put your existing profile's autofill to work. Don't have the account? Create an account
a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account