Construction
Proven tax deferral strategies for construction operations.
America’s construction industry is facing an unusual array of circumstances. On the one hand, tight economic times threaten their ability to survive and thrive. On the other, the new administration’s announced intent to invest heavily in public works and infrastructure could mean the most explosive opportunity for growth in decades.
In both cases, though, access to operating capital is a major key to success. Fortunately, there’s a tried and true strategy for driving cash flow—1031 Like-Kind Exchanges, which allow companies like yours to keep your cash and invest it back into the business.
In the coming months and years, Accruit’s industry-leading Like-Kind Exchange services can help construction firms in a number of ways:
- By helping you defer tax payments when you sell and replace equipment, 1031s provide immediate access to working funds that you can use to sustain and grow your operation.
- Many construction companies will be vying for government infrastructure contracts, but those who take advantage of LKEs now can establish a strong head start on their competition.
- Through the savvy use of reverse exchanges, companies can begin upgrading their equipment fleets while continuing to use existing equipment.
- Companies looking to scale up or transition to other areas of construction (roads to bridges, for example) can use 1031 to help finance the required investment in new equipment.
Accruit has acted as the qualified intermediary for many of the most successful businesses in the U.S. – winning companies in construction, as well as more than 20 other industries – assisting them in deferring over a billion dollars in tax liability.
If you’re interested in hearing more, contact us for a free benefit analysis. Let us show you how 1031 Like-Kind Exchanges can help your company keep your cash working for your business.
Related links:
- 1031 Exchanges: Frequently Asked Questions
- Accruit is the Exclusive Provider of LKEs for Ritchie Bros. Auctioneers
- Singles Exchanges: You Don't Have to Run a Big Program to Benefit from 1031 Exchanges
- Which 1031 Like-Kind Exchange Option is Best for Your Business? Single Exchange vs Exchange Program Matrix
- LKEs vs. Dealer Pass-Throughs: Comparative Analysis
- 1031 Exchanges: Myths vs. Reality