Tax issues in major real estate transactions – property development, long-term ownership, build-and-sell, like-kind exchanges – often drive the structures of these deals. If not properly considered, tax issues can also have a major adverse impact on the underlying economics of a deal. The structure of a transaction can impact the timing and amount of gain, the treatment of losses (often very valuable to participants), and even the tax rate. At every stage of a transaction, tax plays an important role. This program will provide you with a practical guide to major tax planning issues in real estate deals, including choice of entity, capital gains and distribution planning, and advanced like-kind exchange issues.
• Advanced Like-Kind techniques for deferring gain on the disposition of property
• Techniques for using partnerships – mixing bowl partnerships, freeze partnerships, leveraged acquisition partnerships
• Installment sales and cross-purchase/redemption agreements
• Capital gain tax planning and the 3.8% tax on net investment income
|Handout 1 (236.7 KB)||50 Pages||Available after Purchase|
|Handout 2 (199 KB)||16 Pages||Available after Purchase|
|Handout 3 (1 MB)||70 Pages||Available after Purchase|
|Handout 4 (669.2 KB)||14 Pages||Available after Purchase|
|Evaluation Form (33 KB)||1 Pages||Available after Purchase|
Leon Andrew Immerman is a partner in the Atlanta office of Alston & Bird, LLP, where he concentrates on federal income tax matters, including domestic and international tax planning and transactional work for joint ventures, partnerships, limited liability companies and corporations. He formerly served as chair of the Committee on Taxation of the ABA Business Law Section and as chair of the Partnership and LLC Committee of the State Bar of Georgia Business Law Section. He is also co-author of “Georgia Limited Liability Company Forms and Practice Manual” (2d ed. 1999, and annual supplements).
Saba Ashraf is a partner in the Philadelphia office of Ballard Spahr, LLP and co-practice leader of the firm’s tax group. She advises clients worldwide on corporate and partnership taxation matters and has managed the tax aspects of a wide range of complex business transactions, including coordination with internal and external non-tax counsel and financial advisers. She handles the tax-related issues involved in mergers and acquisitions, joint ventures, debt restructurings and loan workouts, and the tax aspects of REITs and investments in real estate. She is past chair of the ABA Business Law Section’s Tax Committee.