LKE Program Support Services

Protecting and Maintaining the Integrity of Your Tax Deferral

Over the last 15 years, hundreds of companies have implemented repetitive, personal property like kind exchange programs (“LKE Programs”). The maintenance and ongoing support of an LKE Program are just as important as the initial implementation.

WTP’s LKE Program Support Services can provide the following benefits to you:

An understanding of best Practices within your industry
Understanding changes with your Qualified Intermediary and/or the process of switching Qualified Intermediaries
Assistance with federal and state audits of your LKE Program
Timely updates of law changes impacting your LKE Program
Identification and mitigation of tax and business risks
Preparation of LKE-related tax forms (8824, 4797, 4562)
An analysis of business process changes and the potential impact on the LKE Program
Review of your LKE software and data testing
Improved security of your exchange funds
Daily management of your LKE Program
Maximizing your qualification for the safe harbors provided by Rev. Proc. 2003-39
Identification of opportunities to maximize the tax deferral

At WTP, we understand that every LKE Program is different. As a result, the support services that you need to protect and maintain your program are driven by your specific situation and needs. Our custom LKE Program Support Services offering includes the following steps:

Conducting an on-site meeting or teleconference to discuss and understand your concerns and needs
Designing a custom solution that satisfies your needs and fits within your budget
Preparing of a proposal letter that documents our mutual understanding of the scope and timing of the engagement
Performing services and, if applicable, preparing of the written deliverable.