Auto/Truck Rental
Proven tax deferral strategies for automotive and truck rental enterprises.
It’s hard work in running an efficient rental business, and success depends on access to available cash and credit. In a challenging market like the one we face right now you need every dollar available, and it’s more important than ever that you take advantage of all potential sources of capital.
Fortunately, there’s a tried and true strategy for driving cash flow, even in tight economic times: Accruit’s patented 1031 Like-Kind Exchange process can significantly increase your access to cash by helping to defer taxes otherwise paid each year. Virtually all successful car rental enterprises are currently engaged in an LKE program (or they’re considering one in the near future). Accruit has acted as the qualified intermediary for many of the most successful businesses in the U.S. – winning companies in auto/truck rental and over 20 other industries, as well – assisting them in deferring millions of dollars in tax liability.
Let us show you how 1031 Like-Kind Exchanges can help your company keep your cash working for your business. For a free benefit analysis or more information about 1031s and Auto/Truck Rental, contact us at 866.397.1031 or info@accruit.com.