This letter outlines the instructions and information for a reverse exchange transaction involving Hyperion Air, Inc. and the exchange of a Gulfstream GI159B aircraft for a Bell 430 aircraft. The transaction is structured under Revenue Procedure 2000-37 and involves multiple parties including TVPX, EAT, and Steen. The letter details the requirements for a valid Section 1031 Exchange, the documents involved, and the responsibilities of the Exchangor.
documents/EFTA00301844.pdf
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