Telecom Equipment
1031 Tax Exchange For
Telecommunications-Equipment
Get Flash to see this player.
(Listen Here 3:19 min)
A 1031 exchange is most commonly thought of for investment real estate. However, tangible personal property, chattle and certain intangible assets that make up telecommunications equipment also can qualify for non-recognition treatment under Section 1031.
Your company will benefit from knowing how to use Section 1031 like kind exchanges during the sale and purchase of business assets - particularly in the telecom industry.
Telecom-equipment is considered personal property which decrepitates faster than real estate - and therefore the advantages of deferring the gains are much more profitable.
In the Television and Radio arena, the Internal Revenue Service has given guidance on full "Station Swaps" involving FCC licenses and other equipment.
In the area of Mergers and Acquisitions, 1031 like-kind exchanges can give you an advantage over competitors, if you are buying with "tax-free-dollars" rather than paying with "after-tax-dollars".
To determine if an exchange is like-kind, the entire mixture of assets of one business can not be grouped into one single exchange. Instead an "asset by asset" analysis has to be conducted to make sure that like kind properties match up.
Nation Wide Tax-Exchange Services:
|
Call Me Directly (Toll Free) At 1-888-308-1031 For A Free Consultation - Or Click Here
To Start Your Exchange Online Today! |

