Advanced Planning for Like Kind Exchanges of Real Estate Part 2 (Telephone)
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As the real estate industry has recovered, there has been a resurgence of like-kind exchanges. These transactions allow parties exchanging commercial property to defer recognizing any gain on the property for tax purposes. They are also flexible, allowing a variety of transactional formats, including those involving LLCs, FLPs and trusts, those that are encumbered with substantial debt, and others that are used to “freeze” the value of property for estate planning purposes.

10/7/2016
When: Friday, October 7, 2016
12:00 PM - 1:00 PM

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MCLE Accreditation
Nebraska Activity #128739, 1.0 hour CLE

As the real estate industry has recovered, there has been a resurgence of like-kind exchanges.  These transactions allow parties exchanging commercial property to defer recognizing any gain on the property for tax purposes.  They are also flexible, allowing a variety of transactional formats, including those involving LLCs, FLPs and trusts, those that are encumbered with substantial debt, and others that are used to “freeze” the value of property for estate planning purposes.  But along with this flexibility comes structural challenges and drafting traps. There are also instances when like-kind exchanges are not the best alternative for a client transaction. This program will provide you with a practical guide to structuring and drafting sophisticated like-kind exchanges.

Day 2 – October 7, 2016:

  • Reverse exchanges, parking transactions, build-to-suit exchanges
  • Understanding the “related party” transaction rules and planning to avoid their adverse impact
  • Problems associated with exchanging over-leveraged property
  • Alternatives to like-kind exchanges, including mixing bowl transactions, leveraged acquisitions and freeze partnerships
  • Circumstances when alternatives to like-kind exchanges are the better choice
Glenn M. Johnson is a member of the national tax department of Ernst & Young, LLP in Washington, D.C. He has extensive experience advising clients on like-kind exchange transactions involving real estate, intangibles, and equipment, and on multiple asset exchange programs.  He has assisted many companies, including banks, captive finance subsidiaries, and national rental and leasing companies in designing and implementing mass-asset like-kind exchange programs.  Mr. Johnson earned his B.A. in economics from Wesleyan University, his J.D., with honors, from Boston University School of Law, and his LL.M. in taxation from Georgetown University Law Center.




To Register:
Cost $89.00

http://ne.webcredenza.com/catalog.aspx?browse=ViewProg&catid=22580

  • Click on above link
  • Click “Login to add to cart” button at the bottom of the program page
  • This will take you to the log in page, FIRST time users will need to create a user name and password that is separate and distinct from any information you may have used for the Nebraska State Bar website
  • Please be sure to use the attorney name and contact information of the person who is to receive the CLE credit
  • Once completed click “Update & Proceed to Payment”
  • The final step is to click “Submit Payment”
  • At this point you will receive an email confirmation of the purchase
  • The day before the Program you will receive the dial in information and program materials
  • We will submit the program participation information to the Nebraska State Bar Association within 48 hours of the program completion

If you need additional information on your CLE credits please contact:
Sara Weber, Nebraska State Bar Association
(402) 475-7091 ext # 131; sweber@nebar.com