Inventors:
Brian Marek - Duncanville TX, US
Charles E. Greef - Dallas TX, US
Peter G. Weinstock - Dallas TX, US
Jeff Blair - Dallas TX, US
Assignee:
Hunton & Williams LLP - Richmond VA
International Classification:
G06Q 40/00
Abstract:
An system for and method of divesting real property is presented. The system and method improve upon prior art techniques by including one or more of the following advantages: the gain may be immediately booked, there may be no capitalization requirements as there may be on a financing lease, and the gain may avoid Federal income taxation and capital gains taxation.