Source: http://darwinbondgraham.wordpress.com/2013/08/05/barts-tax-shelters/
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Monday, August 5, 2013
BART's Tax Shelters | Pueblo Lands
[unable to retrieve full-text content]They're called lease-in, lease-out, or LILO agreements. BART calls them lease, leaseback agreements in their financial reports. In a LILO deal a public transit agency like BART leases its trains or train operating equipment to a ...
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