The Impact of the New Tax Bill on Real Estate: Key Changes and Strategic Planning

Matthew E. Rappaport | Falcon Rappaport & Berkman LLP

Matthew chairs FRB’s Taxation and Private Client Groups. He concentrates his practice in Taxation as it relates to Real Estate, Closely Held Businesses, Private Equity Funds, Family Offices and Trusts & Estates. He advises clients regarding tax planning, structuring, and compliance for commercial real estate projects, all stages of the business life cycle, generational wealth transfer, family business succession, and executive compensation. He also collaborates with other attorneys, accountants, financial advisors, bankers, and insurance professionals when they encounter matters requiring a threshold level of tax law expertise.

Matthew is known for his work on complex deals involving advanced tax considerations, such as Section 1031 Exchanges, the Qualified Opportunity Zone Program, Freeze Partnerships, Private Equity Mergers & Acquisitions, and Qualified Small Business Stock. He has served as a trusted advisor for prominent real estate funds, executives of multinational corporations, venture capitalists, successful startup businesses, ultra-high net worth families, and clients seeking creative solutions to seemingly intractable problems requiring tax-focused analysis.

I. Qualified opportunity zones: Foundation and changes under OBBBA | 1:00pm – 1:30pm

II. Section 1031 Like-Kind Exchanges: Mechanics and tax considerations | 1:30pm – 2:00pm

Break | 2:00pm – 2:10pm

III. Tax implications in real estate transactions: Analyzing depreciation, capital gains tax and state and local tax considerations | 2:10pm – 3:10pm