e1031 Software Features Print E-mail
The M&S Consulting e1031 software is a robust system that can handle the most complex scenarios for largest of organizations:
  • A sophisticated matching algorithm accelerates the recognition of depreciation and maximizes deferred gain.
  • Maintains adjusted basis for all replacement properties used in matches.
  • Supports MACRS and AMT depreciation, including IRS 2000-4 ?step-in-the-shoes? depreciation.
  • Supports 30%, 50%, or any other bonus depreciation.
  • Supports multiple asset classes and tax entities.
  • Automated disqualification of assets that do not comply with IRS 1031.
  • Standard reports include the IRS 8824; Income Gain and Loss; and Depreciation by Region, State, Company, Date Range, and individual lease.