Capital Gains Planning for Real Estate Transactions: Allocations, Entity vs. Asset Purchases, Tax Elections, IRC 1031
A live 90-minute premium CLE/CPE video webinar with interactive Q&A
This CLE/CPE webinar will provide tax counsel and advisers with a thorough and practical guide to structuring and tax planning strategies specifically for maximizing favorable capital gains tax treatment for real estate transactions. The panel will outline best practices for determining the purchasing entity and review tax planning opportunities to structure the deal and other key tax planning items.
- Tax implications of buying and selling real estate
- Determining the purchasing entity structure
- Entity vs. asset purchases
- Tax allocations for buyer and seller
- IRC Sections 338 and 754 elections
- 1031 exchanges and QOFs
The panel will review these and other key issues:
- What are the tax implications for buyers and sellers in real estate transactions?
- What are the key considerations for determining the appropriate entity structure for purchasing real estate?
- What are the differences and key issues of entity purchases versus asset purchases?
- How do you handle tax allocations for the buyer and seller?
- What are the pros and cons of making a Section 338 or 754 election?
- How can you utilize 1031 exchanges and QOFs, and what are the current tax rules to consider?
Johan Deprez, LL.M. (Tax)
Principal Attorney / Owner
Deprez Tax Law
Mr. Deprez is a tax attorney who has been practicing law in California since 2001. Before starting his own law... | Read More
Mr. Deprez is a tax attorney who has been practicing law in California since 2001. Before starting his own law practice, he worked for a large multinational company, major accounting firms, and for more than eight years with Chief Counsel and Competent Authority of the Internal Revenue Service (“IRS”). Mr. Deprez earned his J.D. from Loyola Law School in 2001, where he graduated in the top 25% of his class and was on the Dean’s Honor List for 1999-2000 and 2000-2001. He was Articles Editor (2000-2001) and Staff Member (1999-2000) of the Loyola of Los Angeles Law Review. At Loyola, he won First Honors Award (top grade), Corporate Taxation II, Spring 2001. In 2005, Mr. Deprez earned an advanced law degree (LL.M.) in taxation law from Loyola Law School in Los Angeles. He is admitted to practice law in the state of California, including all the state courts, and the United States District Court for the Central District of California. Originally from Belgium and growing up in Canada, Mr. Deprez truly enjoys working on the international dimension of individual and business tax issues. Prior to becoming an attorney, he was an economics professor who taught at a number of American universities and published over 40 articles and book chapters in economics and law. Mr. Deprez has a Ph.D. in economics from Rutgers University.Close
Michael I. Sanders
Mr. Sanders focuses his practice in the area of taxation, particularly in matters affecting partnerships, limited... | Read More
Mr. Sanders focuses his practice in the area of taxation, particularly in matters affecting partnerships, limited liability companies, S-corporations, real estate, tax controversy, and estate planning, including trusts and estates. He also has a large practice in the area of exempt organizations involving healthcare and low-income housing, associations and joint ventures between for-profits and nonprofits, as well as structuring New Markets Tax Credit ("NMTC") and Historic Tax Credit ("HTC") transactions. He is the author of Joint Ventures Involving Tax-Exempt Organizations (3rd Ed., 2007; 4th Ed., 2013) which was recently cited by the majority opinion in the widely covered U.S. Supreme Court decision in Burwell v. Hobby Lobby Stores, Inc. He previously served as an attorney-advisor to the assistant secretary of tax policy at the Office of Tax Legislative Counsel.Close
Cannot Attend August 5?
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include program handouts.