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Real Estate Taxation

A significant aspect of our tax work is analyzing the tax consequences of buying and selling all types of real estate from Class A office buildings to industrial parks. Our firm’s tax lawyers have structured numerous like-kind exchange transactions. These exchanges have been critical to property investors during the economic crisis because they allowed our clients to defer taxes and have more cash on hand for reinvestment. We also have experience analyzing the tax consequences of leases from both the tenant and landlord perspectives. A frequent focus of our work is helping clients with the numerous tax issues that arise in real estate partnerships.

  • Represented a real estate entrepreneur involved in numerous New York City and New York State development projects in connection with entering into an agreement with the equity investor under which the client would receive interest in the property not subject to current taxation, be a co-investor, and manage the real property.

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