News & Insights: steve d. brodsky cpa jd ll.m

Proposed Boost in Capital Gains Tax and Curtailment of 1031 ‘Like-Kind’ Exchanges Could Shift Real Estate Investment to Opportunity Zones

By Alan M. Blecher |  Steve Brodsky  |  June 4, 2021

Opportunity zones offer advantages and disadvantages but may yield greater tax savings in the long run for some investors.

Tax Considerations in a Section 1031 Exchange That Includes a Personal Property Component

By Steve Brodsky  |  July 14, 2020

With like-kind exchanges now limited to real property, taxpayers must consider how to deal with the personal property that can accompany real property in a like-kind exchange.

Proposed Section 1031 Regulations Define "Real Property" for Purposes of Like-Kind Exchanges

By Steve Brodsky  |  July 14, 2020

Newly released proposed regulations provide much-needed guidance as to what constitutes “real property” in a 1031 exchange.

CARES Act: Summary of Real Estate-Related Tax Provisions

By Steve Brodsky |  Alan M. Blecher  |  April 21, 2020

Our specialists examine the provisions of the CARES Act affecting the real estate industry.

Real Estate Partnership Debt Financed Distributions and the Effects of Interest Tracing

By Steve Brodsky  |  February 19, 2020

A recent Tax Court decision highlights the appropriate treatment of partnership interest expense from a debt-financed distribution.

The New Centralized Partnership Audit Regime

By Steve Brodsky  |  January 4, 2019

As previously advised by our Real Estate Group, 2018 partnership returns will be subject to a new IRS audit regime.