Real Estate Tax Law Posts from Moskowitz LLP

Estate Planning Benefits of Conservation Easements

Posted on March 13, 2020February 28, 2020 by Raquel Lazar-Paley Posted in Estate Planning & Taxation, Real Estate Law, Tax Planning & Compliance

Previous Posts in this Series Conservation Easements Income Tax Benefits of Donating Conservation Easements Sales and Like Kind Exchanges of Conservation Easements One of the biggest advantages of donating a conservation easement is that it can significantly reduce your estate tax burden and keep land in the family. Reducing estate...

Sales and Like Kind Exchanges of Conservation Easements

Posted on February 28, 2020March 26, 2020 by Raquel Lazar-Paley Posted in Real Estate Law, Tax Planning & Compliance

Previous Posts in this Series Conservation Easements Income Tax Benefits of Donating Conservation Easements In our previous posts on conservation easements, we discussed how a real property owner can donate a conservation easement to their land and retain rights to the rest of their property, all while reducing their tax...

Income Tax Benefits of Donating Conservation Easements

Posted on February 13, 2020January 24, 2020 by Raquel Lazar-Paley Posted in Real Estate Law, Tax Planning & Compliance

Previous Posts in this Series Conservation Easements An owner of a significant piece of land or a building can give up one or more of their rights in that property for conservation purposes, while still retaining the rest of their rights. Giving up a right in property (land or buildings)...

Conservation Easements

Posted on January 30, 2020January 24, 2020 by Raquel Lazar-Paley Posted in Real Estate Law, Tax Planning & Compliance

The protagonist of the film The Descendants is the trustee of a family trust that since the 1860s has owned a 25,000-acre parcel of pristine Hawai’ian land on Kauai Island. The land is the last remaining asset of a family legacy, the proceeds of which have been distributed – and...

Moskowitz LLP Offers Three Free Tax Seminars This October in the San Francisco Area

Posted on September 26, 2019January 8, 2020 by moskowitz Posted in Business Law, Estate Planning & Taxation, Real Estate Law, State & Local Taxation, Tax Planning & Compliance, Tax Services

Moskowitz LLP is going to be hosting three free seminars this October! Participants will learn vital tax lessons from the Moskowitz team, drawing from their 30 years of experience helping domestic and international clients with tax challenges. You will learn: How to pay tax on only 80% of your profit,...

Tax Court rules that dentist also qualifies as real estate professional

Posted on June 29, 2018February 13, 2019 by Moskowitz LLP Posted in Real Estate Law

In our recent post on the Windham v. Commissioner case, we described how a stockbroker who worked only a few hours a day at Wells Fargo was able to qualify as a real estate professional due to the extensive time she spent managing her numerous properties. The Tax Court was...

Advanced 1031 Exchange Techniques

Posted on May 18, 2018February 13, 2019 by Liz Prehn Posted in Real Estate Law

A common misconception about 1031 exchanges is that they can only be conducted in one manner – a sale and then a purchase through a third party facilitator. In fact, 1031 exchanges have evolved to include numerous tax strategies and structures. Here are a few of the many ways to...

1031 Exchange Tax Audits

Posted on May 16, 2018February 13, 2019 by Liz Prehn Posted in Real Estate Law, Tax Planning & Compliance, Tax: Audits, Litigation & Collection

1031 exchanges are among the most closely scrutinized tax issues for auditors – they are widely used and frequently misused, with many investors running afoul of the rules. In this blog post, we will outline the main reasons for most 1031 audits, and what to look out for under the...

Tax Court Win: Stockbroker Meets Test Qualifying as Real Estate Professional

Posted on April 24, 2018February 13, 2019 by Liz Prehn Posted in Real Estate Law

Qualifying as a real estate professional can be the difference between being able to deduct losses from your real estate activities and having passive activity losses that you cannot deduct. For a Florida stockbroker with real estate losses of $307,933 in 2010, qualifying as a real estate professional was definitely...

Tax Court Disallows Rental Loss Deduction to Taxpayer Who Failed to Qualify as a Real Estate Professional

Posted on April 19, 2018September 3, 2020 by Liz Prehn Posted in Real Estate Law

In our last post, we explained how an architect proved to the Tax Court that he qualified as a real estate professional, and was subsequently permitted to deduct passive activity losses from his real estate activities. Here, we focus on the attempt of another person to do the same --...

Category: Real Estate Law

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