Let M be a von Neumann algebra of operators in a Hilbert space H, let τ be an exact normal semifinite trace on M, and let L 1(M, τ) be the Banach space of τ-integrable operators. The following results are obtained. If X = X*, Y = Y* are τ-measurable operators and XY ∈ L 1(M, τ), then YX ∈ L 1(M, τ) and τ(XY) = τ(YX) ∈ R. In particular, if X, Y ∈ B(H)sa and XY ∈ G 1, then YX ∈ G 1 and tr(XY) = tr(YX) ∈ R. If X ∈ L 1(M, τ), then $$\tau \left( {X*} \right) = \tau \left( X \right)$$ . Let A be a τ-measurable operator. If the operator A is τ-compact and V ∈ M is a contraction, then it follows from V* AV = A that V A = AV. We have A = A 2 if and only if A = |A*||A|. This representation is also new for bounded idempotents in H. If A = A 2 ∈ L 1(M, τ), then $$\tau \left( A \right) = \tau \left( {\sqrt {\left| A \right|} \left| {A*} \right|\sqrt {\left| A \right|} } \right) \in {\mathbb{R}^ + }$$ . If A = A 2 and A (or A*) is semihyponormal, then A is normal, thus A is a projection. If A = A 3 and A is hyponormal or cohyponormal, then A is normal, and thus A = A* ∈ M is the difference of two mutually orthogonal projections (A + A 2)/2 and (A 2 − A)/2. If A,A 2 ∈ L 1(M, τ) and A = A 3, then τ(A) ∈ R.