Tax-Related Tips for Real Estate LLC and LLP Agreements: Capital Commitments, Tax Allocations and Distributions and More
Structuring Provisions to Achieve Tax Benefits and Avoid Common Pitfalls
Recording of a 90-minute CLE/CPE webinar with Q&A
This CLE webinar will prepare real estate counsel to deal with key tax issues and avoid costly mistakes in structuring agreements for real estate partnerships and limited liability companies (LLCs). The panel will offer best practices for drafting provisions that reflect effective tax compliance and planning.
- Review the cash flow and allocations
- Types of preferred interests
- Tax distributions
- Liquidation alternatives
- Special partners
- Tax boilerplate
- Target vs. layer cake allocation
The panel will review these and other key issues:
- What unique tax issues are inherent in real estate LLCs and LPs?
- What are the common tax pitfalls in drafting real estate LLC and LP agreements?
- What are best practices for avoiding these drafting mistakes?
Brian J. O'Connor
Mr. O'Connor co-chairs the firm's Tax and Wealth Planning Group and provides tax advice to partnerships... | Read More
Mr. O'Connor co-chairs the firm's Tax and Wealth Planning Group and provides tax advice to partnerships and to public and closely held businesses and their owners. Before coming to Venable, he worked as attorney-advisor with the IRS Office of Chief Counsel, assigned to projects and guidance involving partnerships and S corporations.Close
Peter R. Matejcak, Esq.
Baker & McKenzie
Mr. Matejcak's practice focuses on a wide variety of tax, general corporate and securities matters, particularly... | Read More
Mr. Matejcak's practice focuses on a wide variety of tax, general corporate and securities matters, particularly relating to the structuring of real estate capital market transactions. He has experience in all aspects of tax planning for inbound and outbound real estate projects. These include real estate investment funds, leveraged partnerships, joint ventures, REITs and Section 1031 structures.Close
Steven R. Schneider
Baker & McKenzie
Mr. Schneider provides tax counsel for many national companies including real estate and private equity funds, REITs,... | Read More
Mr. Schneider provides tax counsel for many national companies including real estate and private equity funds, REITs, corporations, and trade associations. He is an author, commentator, and lecturer on tax topics at prominent national venues and has been an adjunct professor at Georgetown University Law Center since 2005, teaching an advanced tax course on drafting partnership and LLC agreements.Close