Planning for real estate taxation has become more important
within the last few years. With lower capital gain rates,
recent court decisions, and new announcements by the Internal
Revenue Service, individuals involved in real estate transactions
cannot afford to ignore these developments. Richard L. Dorigatti,
MAcc, CVA, CPA has extensive training in the taxation of
real estate. He frequently provides continuing education
courses to some of the largest real estate agencies in the
state. Some of the areas Mr. Dorigatti is frequently engaged
to resolve income tax issues or explore planning opportunities
include:
- Conversion of ordinary income into long-term
capital gain
- Like-kind exchanges (Starker cases)
- Correction of depreciation methods
- Cost-segregation studies (accelerate depreciation
expense)
- Involuntary conversions
- Charitable gifting (maximum utilization of
deduction)
- Step-up in income tax basis
for LLC’s
and Partnership (election under IRC 754)
- C-corporation and S-corporation real estate
bail-outs
- Combinations of different approaches
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