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Article: Colorado Inventors Develop Like-Kind Exchanges Management, Transaction Method
- Article from:
- US Fed News Service, Including US State News
- Article date:
- June 18, 2008
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ALEXANDRIA, Va., June 18 -- Brent C. Abrahm of Evergreen, Colo., and Todd Fisher of Boulder, Colo., have developed an exchange managing system.
According to the U.S. Patent & Trademark Office: "The present invention provides apparatus, systems and methods for transacting and managing like-kind exchanges for a plurality of taxpayers over a global communications network whereby each taxpayer relinquishes for divestment one or more properties in exchange for one or more replacement properties. The present invention further provides an interactive computer system for transacting like-kind exchanges, such that the computer system is programmed to transact an exchange by a taxpayer of at ...