Partnership Allocations for Real Estate Entities: Special Allocations, Section 704(b) DROs and QIOs, Nonrecourse Debt
Live Online Webinar
Blank Rome partner Michael I. Sanders and of counsel David A. Gilbert will serve as presenting faculty for Partnership Allocations for Real Estate Entities: Special Allocations, Section 704(b) DROs and QIOs, Nonrecourse Debt, a live Strafford webinar taking place Wednesday, June 21, 2023, from 10:00 to 11:50 a.m. PST (1:00 to 2:50 p.m. EST).
ABOUT THE PROGRAM
A partnership or LLC structure provides real estate investors the flexibility they need to make unusual but necessary distributions and income allocations. The price of this flexibility includes a labyrinth of challenging calculations and considerations.
This webinar will explain meeting tax compliance obligations for partnership allocations to LLC members and partners. Michael and David will break down the complex rules for nonrecourse deductions, special allocations, and 704(b) compliance for tax advisers working with real estate investors.
Topics include:
- Meeting the substantial economic effect provisions of Section 704(b)
- Calculating minimum gain and minimum gain chargeback
- Identifying targeted allocations in partnership agreements
- Caveats of nonrecourse debt for real estate investors
The webinar includes interactive Q&A and CPE credit is available.
For more information and to register, please visit the webinar webpage.