Case Study

Grand Mesa Equipment

Grand Mesa Equipment

Pages 1 Pages

Accruit, LLC 1331 17th St. Suite 1250 Denver CO 80202 303.865.7300 /o 866.397.1031 // 303.865.7399 /f www.Accruit.com Challenge GME's leadership was presented with a strategic ac- quisition opportunity. As a result, an improved cash position became very important in helping them meet their business objectives. GME's tax department esti- mated that by implementing an LKE program, the company would realize a substantial increase of its available cash, meaning it could complete its acquisi- tion without taking on further debt. However, after investigating the complexity involved in managing an LKE program (as well as the need to add head count to administer it internally), GME was on the verge of walking away from 1031s for good. Solution On the recommenda

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