Marine

The marine industry is a dynamic industry that includes all forms of vessels including chemical tankers, cruise liners, tugboats, ferries and barges. Advancement in technology and a need for increased efficiency often requires the sale of fully depreciated marine vessels for more technologically efficient vessels.

A Tax-Deferred Exchange will allow a taxpayer to defer the capital gain while disposing of low-basis barge or boat and increase leverage through reinvestment of the cash savings in a new barge or boat.

Our exchange experts have extensive experience in the sale and purchase of marine vessels. Exchange Services Group can work with you to develop a Tax-Deferred Exchange to best utilize all the assets from your sale within the requirements of the tax code.

If you would like more information about how Exchange Services Group can assist you, please call John Lamberts toll free at 1-800-560-8485.