FLD 1031 Like Kind Exchange

1031 Like Kind Exchange

Save up to 30% on deferment of your vehicle remarketing taxes

Like-kind exchange, or LKE as it’s commonly referred to in the marketplace, has been part of the tax code since the 1920s and primarily used in real estate transactions where there’s a taxable gain. The LKE allows fleet managers to defer the taxable gain when an asset is remarketed and use that gain to purchase a “like kind” asset. A fleet manager remarketing an asset would be able to use the 1031 Like-Kind exchange program to save up to 30% on taxes, a significant gain for any remarketing strategy/program.

FLD is proud to partner with PricewaterhouseCoopers on providing strategic counseling and information to our clients on the LKE program to help them cut costs and simplify the remarketing process.

Price Waterhouse Coopers

BENEFITS

  • Up to 30% tax savings on vehicle remarketing
  • Simplified remarketing process
  • FLD saves you time and resources

Download PDF

View On Desktop