Real Estate Tax Services.
Tax counsel for every stage of real estate — acquisition, development, construction, and sale — for investors, managers, brokers, developers, and sellers.
Fennemore’s real estate tax practice is integrated with our broader real estate practice. Whether you are an investor, manager, broker, developer, or seller, our attorneys handle the complex tax issues that run through every stage of real estate — acquisition, development, construction, and sale.
Our real estate tax attorneys are active in the industry well beyond client work. They have chaired and spoken at local and state real estate tax conferences and have been members of the Building Industry Association, the California Apartment Association (CAA), the Sacramento Valley Rental Housing Association (RHA), and the Board of Realtors. Other counsel regularly bring us in on complex real estate tax questions — California depth backed by a full-service national firm.
What We Handle.
Planning & Structuring.
Getting the tax position right from the start — across how real estate is held, characterized, and passed on.
- Dealer vs. investor status
- Tax investment strategies
- Tax characterization of expenditures
- Real estate–related tax credits
- Tax elections for real estate
- Tax minimization for real estate succession, including family limited partnerships and LLCs
Deferral, Disposition & Debt.
The tax consequences that surface when property changes hands or debt is involved.
- Tax-deferred exchanges, including qualified Section 1031 exchanges and reverse exchanges
- Involuntary conversions and condemnations
- Tax treatment of debt leveraging and debt relief (CODI)
- Tax planning for dispositions, abandonment, and worthlessness
Tax Controversy & Representation.
Representation before the federal, state, and county authorities that oversee real estate tax.
- Internal Revenue Service (IRS)
- State Board of Equalization (BOE)
- California Franchise Tax Board (FTB)
- County Assessment Appeals Boards
Attorneys With This Experience.
You May Also Need.
Federal Tax Services.
Federal income tax planning, compliance, and IRS controversy work.
Partnership, Corporate & Special Entity Tax.
Tax planning for partnerships, LLCs, and corporations holding real estate.
Real Estate.
The firm's broader real estate practice — transactions and development.