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If you trade a business property or investment for other business or investment property of a similar nature, you need not pay any tax on such transaction.

There are some business transactions where you trade your business property in order to get a more appropriate one.  In such transaction, you need not pay any tax on the gain or claim any loss unless you sell that exchanged property.  There are six main conditions which such a trader must meet in order to be eligible.

1. The property you are trading must be a business property or an investment property.  If the property is a personal property, like your home or your family car, then such trade does not qualify for non taxable treatment.
2. The property which you trade and the property which you get back in exchange must not be for sale.  So if you trade for merchandise, it will not be eligible under this category.
3. The property should not be bonds, stocks, notes, certificates of trust or beneficial interest, including partnership interests.  You can have a non taxable trade of corporate stocks, but under a different rule.
4. The trade must be for a similar property.  So the trade of real estate should be for real estate.  Similarly, the trade of an apartment for a store building or trader of panel truck or a pickup truck can be considered as trader of like property.  However the trade of a machine for a store building cannot be treated as a like property.  Similarly personal property used mainly in United States with the personal property used mainly outside United States cannot be considered as a trade of like property.
5. The trader has a time limit of 45 days.  So the property which you intend to receive must be identified in writing within 45 days from the date you transfer your property.
6. The property which you intend to receive must be received before 180th day from the date you transfer your property in the trade deal or before the due date for filing your tax return, whichever is earlier.

You should not trade the property with your related party.  If you do that there will be special considerations for the treatment of such property.

You can also have a partly non-taxable exchange.  So if you receive some money or and similar property in addition to the like property, IRS treats it as a partly non-taxable trade.  In this case, you are required to pay taxes on the gain which you make out of such receipt of cash or non similar property.  Remember, you cannot claim a loss in such exchange.

The reporting of such transaction – You have to report the trade of like property on form 8824.  If you are able to figure a recognized gain or loss on form 8824, you need to report it on form 4797 or on schedule D of form 1040.

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Source by Chintamani

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Nissan is one of the largest car manufacturers in Japan and the world besides Mitsubishi, Toyota and Honda. Nissan is also regarded as one of the most creative car manufacturers in Asia. This company has produced many unique variations for commercial vehicles such as cars, trucks, vans, SUVs and so forth. Over the years, this company has also been known as the specialist of vehicles producer with attractive features.

One of types that much sought-after by the Japan cars lovers is Nissan Pathfinder besides Mitsubishi Lancer and Nissan skyline, these two types of cars are known have excellent performance. If you are looking for an SUV, but you are also looking for a vehicle with sporty style and unique features, it’s time for you to choose Nisan Pathfinder.

However, you also have to consider about your financial situation, choosing used Nissan Pathfinder is a wise choice, because there are several advantages of importing or buying used cars from Japan. Besides the prices are relatively cheap, if you are lucky you will also get some interesting additional accessories such as safety features, an additional air conditioning for the back seat and the high-quality car audio.

With the world economic conditions that have not fully recovered, many people prefer to buy cheap used cars as an alternative than buying new cars, choosing used SUVs is one of the examples. There are a lot of competitors in the SUV class from various brands such as Toyota Land Cruiser Prado, Mercedes-Benz M-Class and Mercedes-Benz R-Class.

However, used Nissan Pathfinder has unique features if it compared with other SUV types. The uniqueness of used Nissan Pathfinder is a sporty big car and this car is also very tough on the off-road terrain.

The appearance of used Nissan Pathfinder looks big like a pick-up truck, but this car is very stable and fairly easy to handle on the many road conditions even though this car is quite big. This car can accommodate up to seven passengers including the driver. If you want to feel extra comfort, perhaps you should try sitting in the driver’s seat, where you will feel a pleasant driving experience that you’ve never felt before.

The advantage of a big car is that it has a lot of room for storage of goods, though big, the used Nissan Pathfinder is fairly nimble car that can enter into any garage size. This car is very macho, also suits to be a family car.

In many markets outside of North America, the Nissan Pathfinder is sold as the Nissan Terrano. Since the third generation was launched in 2006, Nissan Pathfinder was not drastically modified. Until now, the changes of this car were not too significant, only a few additional features that are different. This makes the used Nissan Pathfinder has a stable trading value in the used car market. However, one of disadvantages of sporty cars is inefficiency in gas mileage.

This car powered by 3952cc V8 front engine, four-wheel drive and two choices of transmission; 5-speed automatic transmission and 6-speed manual transmission. And also another feature like six airbags including front and side airbags plus other safety features.

In the Middle East, this car was honored with some awards such as the ‘Best Family SUV’ awarded by Automobile Magazine and ‘Best Small Car’ to ‘Best Sports Car’. So, before you are about to buy used Nissan Pathfinder, you have to consider many things such as the advantages and the disadvantages of this big boy sporty car.

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Source by Derry Dharmawan

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A suspension lift can be distinguished according to its size and the purpose for its use. There are also two ways to install a suspension lift kit to your vehicle.

In terms of sizes, as with almost everything in this world, there are three varieties of suspension lift size:  small, medium and large. Small suspension lift kits usually comprises of 1.5 inches or fewer. It will grant some clearance and room for vehicles with somewhat larger tires.

Commonly, the proper way in gaining a small suspension lift can be done by means of coil spacers in front and long shackles on the rear. They are relatively inexpensive as well as very easy to install because less complications is involve in attaching them to the car.

Small lifts are great for those who need to watch their budget and it is also the easiest to install. Users of this size also have little to complain regarding complications.

As for the medium suspension lifts, it is capable of almost 2 inches of lift. This size is the best choice for vehicle owners who are looking to gain tire clearance but are not exactly planning to do any off-road riding. Spacer and add-a-leaf lifts is commonly used for this size. Sometimes, their package may also come with the latest shocks.

Most users of medium suspension lifts may notice several changes in the performance and handling of their vehicles upon its installation. Some changes would be good and some could be bad. Users must have strong, even new and tough rear springs. For those planning later modifications on their vehicle, more lift could become difficult to achieve especially if an add-a-leaf kit is preferred since this kind is designed for lifting stock springs.

Now, for large sized suspension lifts, which consists of about 3 – 4 inches of ground clearance, for a much more aggressive vehicle and assurance of great off-road adventures? Commonly, large suspension lift setup comprises of new add-a-leafs, placed in the rear, front coils and even additional new rear springs and front coils. A set of shocks to match are also included in this large kit package.

Obviously, this setup is quite pricey and users have to expect more complications with their vehicles than those with the smaller sizes of lifts. There may also be a dramatic effect on the performance of the vehicle on on-road rides. For off road riding enthusiasts, this size is the best as it transforms their rigs into intimidating machines to take to the wilds and still stand out.

If you are looking into the different types of suspension lift kits, we can give you an introduction of them also in this article. You should be aware of these various types.

They are the following:

•    Spring Over Axle (SPOA) – very popular among rock crawlers looking for the best articulation, the term for up and down wheel travel

•    Shackle Reverse (S/R) – truck lift kits which main purpose of use is to provide smooth rides on mild terrains like deserts, forests, and scenic trails.

•    Coil Suspension – the best match for the world’s best4 wheel drive or 4WD vehicles

•     Lifted Spring – the most common kind of truck lift kit and is used all over the world since the suspension system of the Lifted Spring is easy to install. It is the best choice to use by newbie lifters in the off-road world.

•    Shackle – considered the most affordable among all the other types. This type primarily serves for truck enthusiasts who are interested in replacing their rig with bigger tires but have no intention of doing hardcore off-road driving. This type has been known to have effect on the vehicle’s sway control and steering system.

Every make or model of vehicle can be paired with corresponding lift kits that will support their specifications. Well-known manufacturers are now mass-producing Ford lifts and Dodge Lifts because these are in demand among enthusiasts of said vehicle makes.

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Source by Kay Zetkin

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Snowplow prices what are the choices? Well years ago this was a much simpler answer
and a lot easier then today. Why is that? Because there are so many different models and
variations then the snowplows of years ago. I have always started off with simple method when it comes to truck snowplow equipment. I feel you always want to over spec the plow you need instead of getting into a snow plow that is under qualified to do the work you need it to.

With this is mind, whatever you buy will last through your work load with no break down. Plow prices are basically determined by how many options, features and the size and style you need to plow. Most of the time the determining factor in buying snowplow equipment, is; Should I replace my old plow because it is slow, or some parts are going to wear out soon and will be costly to replace. You don’t have to be a rocket scientist to see the improvements in plow designs in the last few years compared to 10 years ago. A new plow comes with no problems, and with much more options from a straight blade to vee plows to gang plows. After some research I have even found mail order snowplows that comes in a kit and you put it together for about $1,000.00 and more elaborate vee plows are priced for about
( $4,000-$6500 )

I look at snowplow prices , because a new snowplow is basically an investment in a piece of snowplow equipment , that should operate flawless for a duration of years with no other investment except its maintenance. That’s why snowplow prices are important and should be considered negotiable to a point.
The best time to shop for you new plow is not during high demand season. The first thing I do with the snowplow prices is go to some snowplow forums and hear what the users are saying about some of the brands. I would ask questions about the products. I would want to hear there likes and dislikes as well as their application of use. The application is important you want to make sure the plow is being used the same way you would be looking to use it.
Once I found the plow I think I would need I would then try to find the next plow up in size. I have always like to buy a piece of equipment that is made a little heavier than what I need because I want
To last. Then I would start to shop down the prices of the plow I want, I would try to get three bids from three different suppliers, just like consumers do to us. I would also try to get a fair trade in price for my old plow.
Ok so lets go over what we spoke about with snowplow prices. The first evaluation is what are you going to be using the snowplow for? Residential plowing commercial plowing, parking lots roads? Investigate what plow you feel fits your truck, watch your front end weight. Go to the forums and read about what the user are saying about the plow you are interested in. Find out what warranties and guarantees are offered with the new plows. Find out if the manufacturers offer you low interest financing. Then when you are ready to buy make sure it is off season or at the end of the seaon. Offer them a price 15% off retail see if the can move there numbers
snowplow prices, snowplow price, snow plow prices

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Source by toni

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When the U.S. sales figures for June were released, three things were made apparent: the market is down; pickups need more incentives to sell; and domestic automakers are losing ground in their home market.

In June, Detroit’s Big Three was deeply wounded again by declining sales while the Toyota Motor Corp., Honda Motor Co., and the Nissan Motor Co. saw double-digit increases. The General Motors Corp. sales fell 21.3 percent compared with June of 2006, while the Ford Motor Co.’s sales dived 8.1 percent and the Chrysler Group’s dropped 1.4 percent. Meanwhile, Nissan posted an enormous 22.7 percent raise, Toyota saw a 10.2 percent gain, and Honda sales rose 11.5 percent.

According to Autodata Corp., Ford barely managed to hold off Toyota as the nation’s second largest auto seller in June and for the first half of the year, but Toyota narrowed the gap from 319,208 vehicles in the first half of 2006 to only 39,558 in the first six months of 2007. The declines for GM and Ford came as they continued to wean themselves from rental car companies.

Paul Ballew, GM’s executive director of global market and industry analysis, blamed the decline on the company’s planned reduction in fleet sales and a tough comparison with June of 2006, when the company offered a big 72-hour sale.

GM also was surprised that Toyota offered zero-percent financing for 60 months, which cut into GM’s pickup truck sales, Ballew said. The company may wind up altering its strategy of offering fewer incentives on pickups, he said. “If we have to make some changes in our incentive play, we will, because we are not going to cede ground in a category that we feel we’re best in class in,” he said.

GM’s top-selling pickups, the Chevrolet Silverado and GMC Sierra, saw declines of more than 20 percent, while sales of the Toyota Tundra increased 146.3 percent. According to the Edmunds.com automotive Web site, GM had about $3,600 worth of incentives on the Sierra and Silverado 1500 models, but Toyota bumped its Tundra incentives to an average of just over $5,000.

The largest American automaker said that a bright spot was its new large crossovers, the Saturn Outlook, GMC Acadia and the Buick Enclave, all of which are selling faster than the company can make them.

Then again, Ford said that sales of its F-Series pickup, the best-selling vehicle in the U.S., dropped 0.5 percent. But its Focus small car increased by 20 percent. Trusted Ford spoiler, powerful engines, efficient radiator, and other auto parts pushed the car’s sales upwards.

Ford’s daily rental sales dropped 39 percent compared with a year ago as it continues toward its goal of sinking rental car sales, reducing such sales by 89,000 during the first half of the year and 22,000 in the month of June. “It more than accounts for the decline in Ford sales this month,” said George Pipas, Ford’s top sales analyst.

Additionally, the DaimlerChrysler AG said that Chrysler car sales were up 55 percent but truck sales nearly offset the gain. Jeep brand sales were up 19 percent, led by the new four-door Wrangler, the company said.

Jim Lentz, the executive vice president of Toyota’s U.S. division, said that the automaker expects to reach its goal of selling 200,000 Tundras this year. It hopes to reduce incentives as awareness grows but also could respond if the competition makes changes. “It all depends on what they do with their incentives, what the segment is doing, and what the customer is demanding,” Lentz said. The Japanese automaker had the best June ever for its car sales, which were up 8.9 percent over the same period in 2006.

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Source by Anthony Fontanelle

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Anyone seeking to purchase used cars for a low cost should investigate police auctions as seized vehicles are sold. Many big ticket items are taken during the arrests of individuals which can include cars, trucks,SUVs, motorcycles and occasionally boats and one can then purchase one or more at this type of auction for amazing deals. One can find great items at great prices at these types of public auctions, and since the police are selling them you can be assured they are completely legitl. These auctions are a well kept secret that provides you the opportunity to get a variety of merchandise at greatly discounted pricing.

Car auctions organized by departments of police are usually organized on a depending on a schedule. That’s why you should find out beforehand when a auction is actually coming up. Auctions can vary by number of times per year based on the size of the departments and the sheer number of inventory they are holding. The frequency of the auctions depends on the number of vehicles being seized by law enforcement. You many have to go to other locations to find a good police auction, if you live in a small town.

Lot’s of people are finding out that police auctions are a great place to buy an affordable car. As mentioned earlier, there are a lot of people who don’t know about these auctions. as they are advertised more and more, but now as the competition is rising many are catching on. While the cars up for auction aren’t brand new, they are often good as new. The only problem some people have is that the vehicle was owned by a criminal. If you can get passed the idea of drug dealers or burglars owning the car before, you can get great cars for cheap. Once you own the vehicle, it is up to you to keep it or resale it for a profit.

It is a pretty safe bet that luxury cars will show up at some point in the auction. Of course you will have great competition among other bidders for this type of car. You may have to pay too much for a car in frenzied bidding since it is easy to get caught. Attending auctions, along someone who does it often, helps to know a lot about cars . Most seized auctions have a time for merchandise appraisal, at this time it is a good idea to inspect the automobile’s value. Look under the hood and look at the whole thing before you choose your highest automobile bid.

Upon winning an auction you usually are required to pay for the item in full before you leave that day. Financing arrangements can be occasionally be made. Be sure to get the car’s paperwork. This can ensure that you don’t have any problems in the future with your new purchase. Just like any other auto purchase you will need to register the title in your name and get the appropriate tags and insurance. Think about going to a police auction now that you understand the process and maybe you will drive home in one of the cars you see available to buy.

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Source by Nolan Speers

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There are many popular hitches on the market but not many fifth wheel hitch reviews. Here are some of your best options and what to look for when buying.

What to Look For in a Hitch

Your first concern in choosing a hitch is making sure it can handle the weight of your fifth wheel. Hitches are rated to pull anywhere from a few thousand to 20,000 or more pounds. You will also want to check for shock-absorbing capabilities. Higher-end hitches are designed to take minimal bouncing from the pin weight of the RV.

If you have a short bed truck, you will need to get a sliding hitch so that when you make a sharper turn, the nose of the RV won’t make contact with the back of your cab. (Unfortunately, sliding hitches can void your RV warranty because RVs aren’t designed for them.)

The Best Fifth Wheel Hitches

The most popular 5th wheel hitches are made by Curt, Pull-Rite, Reese and Pro-Series. Each company has several designs with different capabilities. The best place for unbiased reviews of specific hitches are RV forums, so be sure to check several websites for input. But if you stick with any of the above brands, you should get a decent quality hitch.

The Future of Fifth Wheel Hitches: Drop Axle Towing

Even the most expensive and well-designed fifth wheel hitch doesn’t have the ability to do the following:

• Increase your braking capacity
• Lighten the load on your rear axle
• Increase your stability
• Leave your truck bed free

Because of the prevalence of RV accidents on the road (usually due to the inability to stop during an emergency), RV experts are beginning to heartily recommend avoiding the traditional hitch-in-bed set-up.  The emerging new standard is to use a drop axle hitch designed to attach behind a pick-up truck, SUV or van. A few products have come out on the market over the years, but the one making headlines is the Automated Safety Hitch. It is already being hailed as a giant leap forward in safe RV towing.

With the Automated Safety Hitch:

• Your RV pin weight sits on a two-ton Ford Dana axle taking the load off your truck
• You add an extra set of heavy duty hydraulic brakes greatly increasing your stopping power
• You are incredibly stable in high-winds or lane changes because you have an extra set of wheels on the ground exactly where you need them
• Your truck bed is completely freed-up for other things
• You avoid the need to buy a dually truck and you can tow with a van or SUV
• The length of your truck, SUV or van is extended, increasing towing safety

The consensus is that this will be the new norm for safe fifth wheel towing in the future. Read more about the Automated Safety Hitch at their official website.

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Source by Melaine McKenzie

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When people think of Dodge, they tend to immediately think of the most legendary of Dodge Engines: the Hemi. While the old-school Hemi from nearly a quarter-century ago was renowned around the world for its jaw-dropping brute force that could catapult full-sized cars through the quarter mile faster than you can say “Hemi”, it was not necessarily known as a fuel-efficient motor. The new 5.7L Hemi, released in 2003 is a completely different story, and it has already gone down in history as one of the very best Dodge engines. In fact, it would not be a stretch to say that many performance enthusiasts would agree that the modern Hemi is probably one of the best high-performance engines on the planet.

What makes the 5.7L Hemi one of the best Dodge engines ever? There are three primary factors: power, reliability, and efficiency. Combined, these three factors make the modern Hemi a world-class engine, and serve as a shining example of what Dodge engines can do when given the chance.

The modern Hemi is powerful enough to actually replace not only the outgoing 5.9L Magnum engines in many Dodge/Chrysler vehicles, but also to replace the legendary 8.0L V10 that powered some of the most impressive Dodge pickup trucks of the 1990s and early 2000s. Depending on how it is tuned, the modern 5.7L Hemi can have over 360 horsepower and nearly 400 lb-ft of torque on tap, most of which at a very wide rpm-range that starts just shy of the 2000-rpm mark. For this reason alone many muscle car enthusiasts have taken a real liking to the 5.7L Hemi, and more than one old-school Challenger has gotten a new lease on life thanks to one of the best Dodge engines ever created.

Of course, muscle cars of 60s and 70s were not famous for their reliability. A large part of the problem had to do with the titanic force that their engines were putting to the pavement via oversized tires and transmissions that were struggling to keep up. Nowhere was this more true than with the earliest Dodge engines to bear the Hemi-moniker; the bottom line was that these motors were just too powerful for their own good and all that power caused undue stress on a number of components both inside and outside of the old-school Hemi block.

Oh have times have changed. The new 5.7L Hemi is far more refined than the old Hemi in terms of reliability, and car-making in general has come a long ways in the past few decades. The results are that the latest Dodge engines to proudly carry the Hemi-badge are so reliable that they have been listed on Ward’s 10 Best Engines list for six out of seven years. The Ward’s 10 Best Engines list covers engines produced by all major automobile vendors with a global reach, which includes all of the major Asian and European automakers. With competition like that, it is impressive that not only has a Dodge engine won a slot on that list consistently, but that the list favors reliability above all else.

The MDS (Multi-Displacement System) in the modern Hemi also makes it very efficient and easy to drive in day-to-day situations. Who ever thought that anyone would say that about one of the fiercest Dodge engines ever made? The bottom line is that the new Hemi sets the standards not only for Dodge engines in general, but for engines around the world.

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Source by lowmileageengines

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The salvage yards in Hawaii offer a tremendous opportunity to save money with inexpensive parts.  Used car parts, used truck parts, used engines and used transmissions for all makes and models are available with a Hawaiian Salvage Yard. There are many places in Hawaii that you can find these salvage yards. The best way they can be located is via the internet. With the internet you have many ways of locating parts for your vehicle, a store near you or just buying from the internet. Whether you’re a do-it-yourselfer, car repair shops, mechanic, body shop technician or general public, searching Hawaii’s network of salvage yards is just a mouse click away. If you’re selling parts from an old vehicle or searching for parts there is a possibility that a salvage yard is in your city and most offer free towing.

In Hawaii, there’s also the option of donating that old car to a salvage yard for charities including the Big Brothers Big Sisters Of Honolulu, Honolulu Academy Of Arts, East Maui Animal Refuge and Kuakini Health System instead of having it take up space in the driveway or in your garage and it’ll be no cost to you. They will give you free towing to a salvage yard near you, no matter what city you’re in plus some of these donations qualify you for gift vouchers. Some places like kars4kids gives you a tax deductible receipt and a voucher for a free 3 day 2 night hotel stay. They also offer where you can list your parts for sale.  There is also the option of listing the parts that you need and what you want to pay for it with the salvage yards in Hawaii. They contact you when it’s available and you can go pick it u or they deliver it for a small fee.

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Source by Katro Marketing

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More Lathesquestions please visit : MachineryFAQ.com

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Im gunna tell what im using it for and then ask proposal for buying one. Im into body modification and would love to start making organic body jewelry. I know nothing around tools or woodworking. Can someone please let me know what you think someone how is current to this should buy? I dont want a…

Plaster lathe walls?
I have plaster and lathe walls in my 1920’s home and I am have a horrible time trying to hang anything. Either the nail breaks or a huge chunk of the plaster comes stale. Does anybody have any ideas excluding picture hangers (don’t work) or adhesive products? can you use small plastic ancors and drill a small…

Plastic lathe vs metal lathe?
I have a basement stucco project so i go to home depot for some metal lathe. Next to it they had plastic lathe that they claim was a moment ago as good but cheaper. Anyone every use it? Know anything about it? TY I doubt the plastic lath is as strong as the metal one….

Please give support to I hold a Craftsman lathe and I would resembling to know what to ask for it.?
It is in very honourable condition it is from the 1950-70s era. I need to sell it and I would similar to an informed answer. I am not to sure about the turn radius but it is about 3 and…

Please report to me the some specifications of stepper motor used within cnc lathe.?
LOCATION DIMENSION Bed dovetail angle 55.5 degrees* Lathe bed to spindle centerline 1.75″ Lathe table surface to spindle centerline (calculated) .940″ Headstock spindle nose internal taper #1 Morse Lathe tailstock internal taper #0 Morse Headstock spindle external thread 3/4-16 Pulley groove side angle 19° Table T-slot…

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