Program Details
2026-07-30 08:25:00
Over 1,000+ webinars
Course Overview
2026-07-30 08:25:00
9.58h CLE Credits
Intermediate
9.58
8:25 am - 8:30 am ESTKathleen Costello, CMP, Assistant Director, NYU School of Professional Studies, New York, NY
8:30 am - 9:30 am ESTReview of basic requirements for a like-kind exchange, including the definitions of “real property” and “like-kind.”
Jeffrey Horan, CES, Vice President, Realty Exchange Corporation, Gainesville, VA
Annet M. Thomas-Pett, CPA, Managing Director, PwC, New York, NY
Jeffrey Horan
Annet M. Thomas 9:30 am - 10:30 am ESTEthics issues, including professional standards for tax advice, conflicts of interest, and preparation of documents.
Aaron S. Gaynor, Esq., Partner, Roberts & Holland, New York, NY
Matthew E. Rappaport, Esq., Partner, Falcon Rappaport & Berkman, New York, NY
Aaron S. Gaynor
Matthew E. Rappaport 10:45 am - 11:45 am ESTRecent state court decisions on partnership divisions, nonresident state tax withholding and other SALT issues.
Mary B. Foster, Esq., President, 1031 Services, Seattle, WA
Matthew E. Rappaport, Esq., Partner, Falcon Rappaport & Berkman, New York, NY
Mary B. FosterMatthew E. Rappaport 1:15 pm - 2:15 pm ESTAcquisitions and dispositions of partnership interests and other partnership transactions involving like-kind exchanges other than partnership divisions.
Aaron S. Gaynor, Esq., Partner, Roberts & Holland, New York, NY
David Shechtman, Esq., Shareholder, Flaster Greenberg, PC, West Conshohocken, PA
Aaron S. Gaynor
David Shechtman 2:30 pm - 3:30 pm ESTParking relinquished or replacement property within or outside the safe harbor of Rev. Proc. 2000-37 and exchanges into build-to-suit replacement property.
Glenn M. Johnson, Esq., Principal, EY, Washington, DC
David Shechtman, Esq., Shareholder, Flaster Greenberg, PC, West Conshohocken, PA
Glenn M. JohnsonDavid Shechtman 3:30 pm - 4:30 pm ESTStructuring exchanges where some partners want cash and others seek like-kind exchanges, or partners seek exchanges into separate replacement properties, including special allocations of boot, partnership distributions of tenancy-in-common interests in partnership property (drop and swap), conversions of partnerships into DSTs (synthetic drop and swap), distributions of QI or buyer’s note, partnership divisions into successor partnerships and tracking partnerships.
Chris Cunningham, Esq., Partner, Elliott, Thomason & Gibson, Dallas, TX
Terence Floyd Cuff, Esq., Of Counsel, Loeb & Loeb, Los Angeles, CA
Christopher A. Cunningham
Terence Floyd Cuff 8:30 am - 9:30 am ESTImpact of cost seg studies on relinquished and replacement property, interplay of sections 1031 and 1245, installment sales, separation into part-exchange, part-sale, deed in lieu of foreclosure and other like-kind exchange issues.
Glenn M. Johnson, Esq., Principal, EY, Washington, DC
Libin Zhang, Esq., Partner, Fried, Frank, Harris, Shriver & Jacobson, New York, NY
Glenn M. Johnson
Libin Zhang 9:30 am - 10:30 am ESTExchanges into and out of credit net lease property or interests in a tenancy-in-common or a Delaware statutory trust, contributions of replacement property to REIT operating partnerships.
Chris Cunningham, Esq., Partner, Elliott, Thomason & Gibson, Dallas, TX
Libin Zhang, Esq., Partner, Fried, Frank, Harris, Shriver & Jacobson, New York, NY
Christopher A. CunninghamLibin Zhang 10:45 am - 11:30 am ESTIdentification of replacement property (or relinquished property in a safe harbor parking arrangement) in various contexts, such as portfolio exchanges, build-to-suit replacement property, interests in tenancy-in-common and Delaware statutory trusts, treatment of liabilities, when multiple integrated properties can qualify as single property for purposes of the three-property rule, determination of fair market value and what is an unambiguous description.
Terence Floyd Cuff, Esq., Of Counsel, Loeb & Loeb, Los Angeles, CA
Mary B. Foster, Esq., President, 1031 Services, Seattle, WA
Terence Floyd CuffMary B. Foster 11:30 am - 12:15 pm ESTOpen Questions & Answers
All Panelists
Robert D. Schachat is a Managing Director in BDO USA’s National Tax practice, where he focuses on all federal income tax aspects of real estate, including REIT, partnership, LLC, and S corporation formations, acquisitions, like-kind exchanges, development, leases, financings, workouts, dispositions, and liquidations. He is co-author (with Jim Lowy) of the CCH treatise Federal Taxation of Real Estate Investment Trusts — the definitive reference work on REIT taxation — and is a frequent author and speaker at real estate industry and tax conferences. He joined BDO in 2021 after 23 years in the National Tax Real Estate Group of a Big Four accounting firm and 12 years as a partner in a Manhattan law firm specializing in real estate taxation, bringing more than 40 years of total real estate tax experience to his current role. He has served as Chair of the Real Estate Committee of the ABA Section of Taxation, Vice Chair of the Tax Policy Advisory Committee of The Real Estate Roundtable, and Conference Chair of the NYU Like-Kind Exchange Tax Conference. He holds an S.B. from MIT and a J.D. and LL.M. from New York University School of Law.
Jeffrey Horan is Vice President and co-owner of Realty Exchange Corporation, a family-operated qualified intermediary headquartered in Gainesville, Virginia, that specializes exclusively in IRC Section 1031 like-kind tax-deferred exchanges of real estate throughout the United States. As part of a third-generation family business founded in 1990, he helps oversee a firm that has facilitated tens of thousands of exchanges of all sizes and has become the largest exclusive qualified intermediary in the Mid-Atlantic region.
Matthew E. Rappaport, Esq., LL.M., is a Partner at Falcon Rappaport & Berkman LLP and serves as Chair of the firm’s Taxation and Private Client Groups. His practice focuses on taxation matters related to real estate, closely held businesses, private equity funds, family offices, and trusts and estates. He advises clients on tax planning, structuring, and compliance across a wide spectrum of transactions, including commercial real estate projects, business life cycle planning, generational wealth transfer, family business succession, and executive compensation. Known for his work on complex, tax-sensitive transactions, he regularly handles matters involving Section 1031 exchanges, Qualified Opportunity Zones, freeze partnerships, private equity mergers and acquisitions, and Qualified Small Business Stock. He also collaborates closely with attorneys, accountants, financial advisors, bankers, and insurance professionals, and serves as a trusted advisor to real estate funds, multinational executives, venture capitalists, startup businesses, and ultra-high net worth individuals.
Glenn M. Johnson is a Principal in Ernst & Young LLP’s U.S. National Tax Department in Washington, DC, where he leads the U.S. PPP Infrastructure Tax Practice and serves as Director of Leasing Tax Services. He focuses on leasing, asset-based structured transactions, infrastructure finance, deferred like-kind exchanges, and captive leasing company structures, advising both developers and investors on a wide range of tax issues. He joined Ernst & Young in 1998 and has spent his entire career in the EY National Tax Department, becoming one of the firm’s leading authorities on leasing and infrastructure taxation. He is the former ABA Tax Section Chair of the Capital Recovery and Leasing subcommittee, a member of EY’s Federal Income Tax Committee, and leads EY’s Infrastructure Tax Committee. He has been a longtime member of the Equipment Leasing and Finance Association Federal Tax Committee for more than 13 years. He earned his LL.M. in Taxation from Georgetown University Law School, his J.D., with honors, from Boston University School of Law, and his B.A. in Economics from Wesleyan University.
Terence F. Cuff is Of Counsel to Loeb & Loeb LLP in Los Angeles, with more than 44 years of experience in partnership taxation, real estate taxation, and the taxation of real estate investment trusts. He has lectured and written extensively on partnership and real estate tax issues, particularly those arising in the drafting of real estate partnership and LLC agreements, and he also writes and speaks on the advanced use of Excel for finance and tax planning.
Robert D. Schachat is a Managing Director in BDO USA’s National Tax practice, where he focuses on all federal income tax aspects of real estate, including REIT, partnership, LLC, and S corporation formations, acquisitions, like-kind exchanges, development, leases, financings, workouts, dispositions, and liquidations. He is co-author (with Jim Lowy) of the CCH treatise Federal Taxation of Real Estate Investment Trusts — the definitive reference work on REIT taxation — and is a frequent author and speaker at real estate industry and tax conferences. He joined BDO in 2021 after 23 years in the National Tax Real Estate Group of a Big Four accounting firm and 12 years as a partner in a Manhattan law firm specializing in real estate taxation, bringing more than 40 years of total real estate tax experience to his current role. He has served as Chair of the Real Estate Committee of the ABA Section of Taxation, Vice Chair of the Tax Policy Advisory Committee of The Real Estate Roundtable, and Conference Chair of the NYU Like-Kind Exchange Tax Conference. He holds an S.B. from MIT and a J.D. and LL.M. from New York University School of Law.
Jeffrey Horan is Vice President and co-owner of Realty Exchange Corporation, a family-operated qualified intermediary headquartered in Gainesville, Virginia, that specializes exclusively in IRC Section 1031 like-kind tax-deferred exchanges of real estate throughout the United States. As part of a third-generation family business founded in 1990, he helps oversee a firm that has facilitated tens of thousands of exchanges of all sizes and has become the largest exclusive qualified intermediary in the Mid-Atlantic region.
Matthew E. Rappaport, Esq., LL.M., is a Partner at Falcon Rappaport & Berkman LLP and serves as Chair of the firm’s Taxation and Private Client Groups. His practice focuses on taxation matters related to real estate, closely held businesses, private equity funds, family offices, and trusts and estates. He advises clients on tax planning, structuring, and compliance across a wide spectrum of transactions, including commercial real estate projects, business life cycle planning, generational wealth transfer, family business succession, and executive compensation. Known for his work on complex, tax-sensitive transactions, he regularly handles matters involving Section 1031 exchanges, Qualified Opportunity Zones, freeze partnerships, private equity mergers and acquisitions, and Qualified Small Business Stock. He also collaborates closely with attorneys, accountants, financial advisors, bankers, and insurance professionals, and serves as a trusted advisor to real estate funds, multinational executives, venture capitalists, startup businesses, and ultra-high net worth individuals.
Glenn M. Johnson is a Principal in Ernst & Young LLP’s U.S. National Tax Department in Washington, DC, where he leads the U.S. PPP Infrastructure Tax Practice and serves as Director of Leasing Tax Services. He focuses on leasing, asset-based structured transactions, infrastructure finance, deferred like-kind exchanges, and captive leasing company structures, advising both developers and investors on a wide range of tax issues. He joined Ernst & Young in 1998 and has spent his entire career in the EY National Tax Department, becoming one of the firm’s leading authorities on leasing and infrastructure taxation. He is the former ABA Tax Section Chair of the Capital Recovery and Leasing subcommittee, a member of EY’s Federal Income Tax Committee, and leads EY’s Infrastructure Tax Committee. He has been a longtime member of the Equipment Leasing and Finance Association Federal Tax Committee for more than 13 years. He earned his LL.M. in Taxation from Georgetown University Law School, his J.D., with honors, from Boston University School of Law, and his B.A. in Economics from Wesleyan University.
Terence F. Cuff is Of Counsel to Loeb & Loeb LLP in Los Angeles, with more than 44 years of experience in partnership taxation, real estate taxation, and the taxation of real estate investment trusts. He has lectured and written extensively on partnership and real estate tax issues, particularly those arising in the drafting of real estate partnership and LLC agreements, and he also writes and speaks on the advanced use of Excel for finance and tax planning.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
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