About Accruit’s 1031 Like-Kind Exchanges (LKEs)

If you're thinking of selling your equipment and are likely to buy more, you should consider a 1031 Like-Kind Exchange (LKE) to increase your cash flow by deferring taxes. An LKE allows you to reinvest the entire proceeds from your equipment sales into replacement asset(s), rather than paying up to 40% tax on the gains.

Talk to the experts at Accruit about a single or a program of 1031 exchanges. 1031 Like-Kind Exchanges work for capital intensive businesses, including construction, heavy equipment and transportation companies.

Getting started is easy, but your LKE must be set up before you sell in one of our auctions. For more information on Accruit, visit www.accruit.com or call 866.397.1031 and ask for the Ritchie Bros. Channel Manager.

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About Accruit
Accruit, the nation’s leading qualified intermediary for personal property, offers the only comprehensive, fully integrated 1031 solution in the country and is the only provider with a patented process and online exchange management system (U.S. Patent No. 7,379,910, and other patents pending). Accruit has acted as the qualified intermediary for a number of the most prestigious businesses in the country, assisting them in deferring billions of dollars in tax liability.

Accruit is the exclusive provider of 1031 Like-Kind Exchanges for Ritchie Bros., and the preferred provider of 1031 Like-Kind Exchanges for Associated Equipment Distributors. For more information on Accruit and 1031 exchanges see the company's Web site at www.accruit.com or e-mail info@accruit.com.