Our 15th anniversary program has been completely revised and will have a more transactional focus. This new approach highlights the tax problems being encountered by practitioners in today’s typical commercial real estate transactions and structures, and examines the simple and sophisticated solutions being used by the experts. Panels of nationally-recognized real estate tax experts from major law and accounting firms will provide attorneys, accountants and real estate professionals with a detailed analysis of the most sophisticated and creative tax planning techniques available for structuring, restructuring and unwinding different types of real estate transactions in today’s challenging capital markets environment. Using extensive visual aids and actual deal structures, this group of entertaining, experienced and knowledgeable speakers will share their experiences with today’s state-of-the-art planning techniques, and emphasize practical approaches to solving difficult tax issues affecting real estate investment and operation.
Lecture Topics [Total time 10:06:06]
Segments with an asterisk (*) are available only with the purchase of the entire program.
- Introduction and Opening Remarks* [00:04:35]
Leslie H. Loffman, Sanford C. Presant, Blake D. Rubin
- Current Developments [01:07:27]
Blake D. Rubin
- Partnership and LLC Introduction - Tax Allocations, Drafting Agreements, Joint Ventures, Real Estate Private Equity Funds - Today's Transactional Tax Issues [01:00:45]
Leslie H. Loffman, Sanford C. Presant, Blake D. Rubin, James M. Lowy, Robert D. Schachat, Lary S. Wolf
- Sophisticated Partnership Structures and Issues - Moving Property to and from Partnerships [02:51:26]
Leslie H. Loffman, Sanford C. Presant, Blake D. Rubin, James M. Lowy, Robert D. Schachat, Andrea Macintosh Whiteway, Lary S. Wolf
- Real Estate Investment Trusts - What's New in the REIT World & Non-U.S. Investors Participating in Your U.S. Real Estate Deal [01:13:43]
Leslie H. Loffman, Sanford C. Presant, Lary S. Wolf, Gino J. Bianchini, Michael Hirschfeld, Emma Preston, Dianne Umberger
- Transactions Involving Real Estate - Practical Solutions to Everyday Problems [02:33:09]
Blake D. Rubin, Robert D. Schachat, Jill E. Darrow, Adam M. Handler
- Workouts and Debt Restructuring [01:15:01]
Robert D. Schachat, Jill E. Darrow, Bahar A. Schippel
The purchase price of this Web Program includes the following articles from the Course Handbook available online:
- Developments in Partnership and Real Estate Taxation in 2012
Blake D. Rubin, Jon G. Finkelstein, Gale E Chan
- Developments in Partnership and Real Estate Taxation in 2011
Blake D. Rubin, Jon G. Finkelstein, Gale E Chan
- Developments in Partnership and Real Estate Taxation in 2010
Blake D. Rubin, Jon G. Finkelstein, Gale E Chan
- JOBS Act Tightens Partnership Tax Rules
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Working with the Partnership Liability Allocation Rules: Guarantees, DROs and More
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Tax Planning for Partnership Options and Compensatory Equity Interests
Blake D. Rubin, Jon G. Finkelstein
- Joint Ventures with Tax-Exempt Entities and Taxable Operators (Including REITs)
Leslie H. Loffman, Sanford C. Presant
- Choice of Entity--Business and Tax Considerations
Leslie H. Loffman, Sanford C. Presant
- Tax Aspects of the Initial Partnership or LLC Negotiation
Leslie H. Loffman, Sanford C. Presant
- Selected Operating Agreement Tax Allocation Provisions for Limited Liability Companies
Leslie H. Loffman, Sanford C. Presant
- Income Recognition Checklist (Problems)
Leslie H. Loffman, Sanford C. Presant
- Avoid Taxes for Property Contributions: Transferring to UpREITs and Other Partnerships
Leslie H. Loffman, Sanford C. Presant
- A Section 754 Paradox: Basis Step-Up Triggers Gain Recognition in UpREIT and Other Partnership Contribution Transactions
Blake D. Rubin, Andrea Macintosh Whiteway
- Proposed Regulations on Allocating Partnership Liabilities to Owners of Disregarded Entities
Blake D. Rubin, Andrea Macintosh Whiteway
- Final Regulations on the Treatment of Disregarded Entities for Purposes of Characterizing and Allocating Liabilities Under Code Sec. 752: Questions and Complexities Continue
Blake D. Rubin, Jon G. Finkelstein, Andrea Macintosh-Whiteway
- Rev. Rul. 99-43: When to Hold'em, When to Fold'em, and When to Book-Down
Blake D. Rubin, Andrea Macintosh Whiteway
- Exploring the Outer Limits of Section 704(c)(1)(A)
Blake D. Rubin, Andrea Macintosh Whiteway
- Take the Money and Run: Extracting Equity on a Tax-Free Basis
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Final Partnership Liability Regulations Target "Son of Boss" Abuse But Sweep More Broadly
Blake D. Rubin, Andrea Macintosh Whiteway
- The Impact of a Capital Account Deficit Restoration Obligation on a Partner's At-Risk Amount and Share of Liabilities: Hubert Enterprises, Inc. v. Commissioner
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Sixth Circuit Vacates Controversial Hubert Case Dealing with Partner's At-Risk Amount
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Tax Court Sticks to Its Guns and Sticks It to Taxpayers in Hubert Case
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- New Regulations Regarding Assumption of Partnership Liabilities
Blake D. Rubin, Andrea Macintosh Whiteway
- The Proposed Regulations on Partnership Allocations with Respect to Contributed Property
Blake D. Rubin, Seth Green
- New Ruling on Allocating Partnership Liabilities Disregards Technicalities to Absolve Taxpayer of Gain
Blake D. Rubin, Andrea Macintosh Whiteway
- Partnership Disguised Sales of Property: G-I Holdings Misses the Mark
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Tax Court Goes Overboard in Canal
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Recent Developments Regarding Disguised Sales of Partnership Interests
Blake D. Rubin, Andrea Macintosh Whiteway
- Disguised Sales of Partnership Interests: An Analysis of the Proposed Regulations
Blake D. Rubin, Andrea Macintosh Whiteway
- Tax Court Respects Partnership's Property Distribution: Countryside Limited Partnership v. Commissioner
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Proposed Regulations on Partnership Interests Issued for Services Create Problems and Opportunities
Blake D. Rubin, Andrea Macintosh Whiteway
- New Proposed Regulations on Mergers Involving Disregarded Entities
Blake D. Rubin, Andrea Macintosh Whiteway
- Partnership Mergers, the Anti-Mixing Bowl Rules and Rev. Rul. 2004-43: How Could the Service Be So Wrong?
Blake D. Rubin, Andrea Macintosh Whiteway
- Proposed Regulations on Application of the Anti-Mixing Bowl Rules After a Partnership Merger to Apply Prospectively
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Creative Transactional Planning Using the Partnership Merger and Division Regulations
Blake D. Rubin, Andrea Macintosh Whiteway
- A Comprehensive Guide to Partnership Terminations, Including the Impact of the New Proposed Regulations
Blake D. Rubin, Steven B. Teplinsky
- Taxation of Real Estate Investment Trusts ("REITs")
Leslie H. Loffman, Sanford C. Presant
- Dealer Sales Rules for Real Estate Investment Trusts
Leslie H. Loffman, Sanford C. Presant
- Protecting OP Unitholders in REIT Going Private Transactions
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Negotiating Acquisitions Using OP Units
Leslie H. Loffman, Sanford C. Presant
- Opportunities and Pitfalls for the Property Owner in Transactions with a REIT
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Investment in U.S. Real Estate by Sovereign Wealth Funds--Tax Issues
James M. Lowy
- New Ruling on Like-Kind Exchanges of Leveraged Property Solves Problems and Creates Opportunities
Blake D. Rubin, Andrea Macintosh Whiteway
- Tax Issues in Defeasing a Conduit Loan, Including in a Like-Kind Exchange
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Capital Gains Planning
Jill E. Darrow
- Maximizing Capital Gains in Real Estate Transactions: Case Studies
Blake D. Rubin
- Disposition of Real Estate--Capital Gain vs. Ordinary Income
Leslie H. Loffman, Sanford C. Presant
- Planning for Section 108 Relief
Fred T. Witt
- Coping with CODI Under Prop. Regs. Section 1.108-8 and Code Section 108(i)
Bahar A. Schippel
- Cancellation of Indebtedness Income Deferral in Economic Stimulus Bill Raises Complex Issues for Partnerships
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Rev. Proc. 2009-37 Allows Flexibility for Partnerships Electing New C.O.D. Income Deferral
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Recourse or Nonrecourse: Liability Treatment for COD, Other Purposes
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Tax Primer for Partnership Workouts
Leslie H. Loffman, Sanford C. Presant
- Important Tax Developments Affecting Partnership Workouts
Leslie H. Loffman, Sanford C. Presant
- Tax Aspects of Real Estate Workouts
Leslie H. Loffman, Sanford C. Presant, Michael G. Frankel, Elliot Freier, Fred T. Witt
- Creditors Beware: Proposed Partnership Debt-For-Equity Regulations Deny Your Tax Loss
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Tax Planning for the Sale or Other Disposition of Overencumbered Real Estate
Blake D. Rubin, Andrea Macintosh Whiteway
- Final Partnership Debt-For-Equity Regs Deny Creditors' Losses
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- Revenue Ruling 2012-14: The IRS Lends a Helping Hand to Insolvent Partners
Blake D. Rubin, Andrea Macintosh Whiteway, Jon G. Finkelstein
- The Tax Treatment of Environmental Cleanup Costs
Blake D. Rubin
- Recent Developments in Partnership Taxation (PowerPoint Slides)
Blake D. Rubin
- Creative Planning to Control Partnership Liability Allocations (PowerPoint Slides)
Blake D. Rubin
- Selected Tax Allocation Problems for Partnerships and LLCs (PowerPoint Slides)
Leslie H. Loffman, Sanford C. Presant
- Handling UpREIT and DownREIT Transactions: Latest Techniques and Issues (PowerPoint Slides)
Blake D. Rubin
- Making Section 704(c) Work for You (PowerPoint Slides)
Blake D. Rubin, Andrea Macintosh Whiteway
- Extracting Equity on a Tax-Free Basis (PowerPoint Slides)
Blake D. Rubin
- Investments in United States Real Property by Non-U.S. Investors--U.S. Tax Considerations (PowerPoint Slides)
Michael Hirschfeld, James M. Lowy, Gino J. Bianchini
- Non-U.S. Investors Participating in Your U.S. Real Estate Deal (PowerPoint Slides)
Michael Hirschfeld
- Hot Like-Kind Exchange Issues (PowerPoint Slides)
Robert D. Schachat
- Current Issues in Like-Kind Exchanges (PowerPoint Slides)
Blake D. Rubin
- Partnerships and Disregarded Entities in Like-Kind Exchanges (PowerPoint Slides)
Blake D. Rubin
- Maximizing Capital Gains in Real Estate Transactions (PowerPoint Slides)
Blake D. Rubin
- Capital Gains Planning (PowerPoint Slides)
Jill E. Darrow
- Disposing of Overleveraged Real Estate: Thinking Outside the Box (PowerPoint Slides)
Blake D. Rubin
Presentation Material
- Recent Developments in Partnership Taxation
Blake D. Rubin
- Lowy-Section 704 (b)
- Presant, Loffman-Selected Tax Allocation Problems for Partnerships and LLCs
Leslie H. Loffman,Sanford C. Presant
- TAX PROVISION ISSUES CHECKLIST FOR LLC AND PARTNERSHIP AGREEMENTS
Leslie H. Loffman,Sanford C. Presant,James M. Lowy
- Making Section 704(c) Work
Blake D. Rubin,Andrea Macintosh Whiteway
- Creative Planning to Control Partnership Liability Allocations
Blake D. Rubin
- Creative Deal Structures
Blake D. Rubin
- Sophisticated Partnership Structures and Issues - Moving Property to and from Partnerships
- Rubin-Phat Apartment
Blake D. Rubin
- Non U.S. Investors
Michael Hirschfeld,Emma Preston
- Preston-FACTA
Emma Preston
- Real Estate Investment Trusts
- Capital Gains Planning
Jill E. Darrow
- Leasing Issues
Robert D. Schachat
- Hot Like-Kind Exchange Issues
Robert D. Schachat
- Workouts & Debt Restructurings
Robert D. Schachat, Jill E. Darrow, Adam M. Handler, Fred T. Witt, Bahar A. Schippel
PLI makes every effort to accredit its On-Demand Web Programs and Segments. Please check the CLE Calculator above for CLE information specific to your state.
On-Demand Web Programs and Segments are approved in:
Alabama1, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois , Iowa2*, Kansas, Kentucky*, Louisiana, Maine*, Mississippi, Missouri3, Montana, Nebraska, Nevada, New Hampshire4, New Jersey, New Mexico5, New York6, North Carolina7, North Dakota, Ohio8, Oklahoma9, Oregon*, Pennsylvania10, Rhode Island11, South Carolina, Tennessee12, Texas, Utah, Vermont, Virginia13, Washington, West Virginia, Wisconsin14 and Wyoming*.
Iowa, Mississippi, Oklahoma, and Wisconsin DO NOT approve Audio Only On-Demand Web Programs.
Minnesota approves live webcasts ONLY
Please Note: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. PLI programs may qualify for credit based on the requirements outlined in the MCLE Regulations and Ariz. R. Sup. Ct. Rule 45.
*PLI will apply for credit upon request. Louisiana and New Hampshire: PLI will apply for credit upon request for audio-only on-demand web programs.
1Alabama: Approval of all web based programs is limited to a maximum of 6.0 credits.
2Iowa: The approval is for one year from recorded date. Does not approve of Audio-only On-Demand Webcasts.
3Missouri: On-demand web programs are restricted to six hours of self-study credit per year. Self-study may not be used to satisfy the ethics requirements. Self-study can not be used for carryover credit.
4New Hamphsire: The approval is for three years from recorded date.
5New Mexico: On-Demand web programs are restricted to 4.0 self-study credits per year.
6New York: Newly admitted attorneys may not take non-traditional course formats such as on-demand Web Programs or live Webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats.
7North Carolina: A maximum of 4 credits per reporting period may be earned by participating in on-demand web programs.
8Ohio: To confirm that the web program has been approved, please refer to the list of Ohio’s Approved Self Study Activities at http://www.sconet.state.oh.us. Online programs are considered self-study. Ohio attorneys have a 6 credit self-study limit per compliance period. The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.
9Oklahoma: Up to 6 credits may be earned each year through computer-based or technology-based legal education programs.
10Pennsylvania: PA attorneys may only receive a maximum of four (4) hours of distance learning credit per compliance period. All distance learning programs must be a minimum of 1 full hour.
11Rhode Island: Audio Only On-Demand Web Programs are not approved for credit. On-Demand Web Programs must have an audio and video component.
12Tennessee: The approval is for the calendar year in which the live program was presented.
13Virginia: All distance learning courses are to be done in an educational setting, free from distractions.
14Wisconsin: Ethics credit is not allowed. The ethics portion of the program will be approved for general credit. There is a 10 credit limit for on-demand web programs during every 2-year reporting period. Does not approve of Audio-only On-Demand Webcasts.
Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.
If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.
Note that some states limit the number of credit hours attorneys may claim for online CLE activities, and state rules vary with regard to whether online CLE activities qualify for participatory or self-study credits. For more information, call Customer Service (800) 260-4PLI (4754) or e-mail info@pli.edu.