Monday, January 30, 2012

MINIMIZE TAXES, MAXIMIZE WEALTH: UNDERSTANDING TAX DEFERRAL STRATEGIES WHEN SELLING REAL ESTATE


Title : MINIMIZE TAXES, MAXIMIZE WEALTH: UNDERSTANDING TAX DEFERRAL STRATEGIES WHEN SELLING REAL ESTATE

Date: February 09, 2011, 8:30 am to 12:00 pm

Location: Bank of America, 114 West 47th Street, 12th Floor (US Trust Bldg)

Details: This class is designed for attorneys who may represent sellers of real estate and want to be able to advise their clients on how they can benefit from various tax strategies related to their sale. This course will provide an overview of several important strategies used to minimize, defer or forgive the gain tax which may be due upon the sale of real estate, as well as the methods used to compute a capital gain tax and depreciation recapture including an in-depth discussion of the components that go into computing an adjusted basis and how gain tax is computed when a property is sold, an overview of depreciation and how it affects the profitability of real estate investments, how depreciation can create a tax when real estate is sold, primary residence capital gain tax exclusion, §1031 tax deferred exchanges, IRC §1033 condemnation exchanges, structured installment sales, and how to accomplish investor goals through creative financing and replacement property acquisitions for IRC §§1031 and 1033 exchanges.


Instructor: Todd Pajonas, Esq., Matthew Scheriff, and Joseph Insalaco

CLE Credit: 3 Areas of Professional Practice Credits

To Registerhttp://marcisrael.com/launch/register-now/?event=215

Sunday, January 29, 2012

RECEIVERS AND RECEIVERSHIPS


Title : RECEIVERS AND RECEIVERSHIPS

Date: February 16, 2011, 8:30 am to 12:00 pm

Location: Bank of America, 114 West 47th Street, 12th Floor (US Trust Bldg)

Details: This class is particularly timely and relevant given the disruptions in the commercial real estate market that have led to numerous foreclosures and related appointment of receivers for those properties. The class will address receiverships, considerations in accepting or rejecting a receivership, who may,and who may not, serve as a receiver, functions, duties and responsibilities of a receiver, receiver compensation, obtaining payment and terminating a receivership, and many other issues related to receiverships.


Instructor: Neal Fellenbaum, Esq. and Martin Nussbaum

CLE Credit: 3 Areas of Professional Practice Credits

To Registerhttp://marcisrael.com/launch/register-now/?event=264

Saturday, January 28, 2012

AIR RIGHTS DEALS: BUYING, SELLING AND TRANSFERRING DEVELOPMENT RIGHTS IN NYC


Title : AIR RIGHTS DEALS: BUYING, SELLING AND TRANSFERRING DEVELOPMENT RIGHTS IN NYC

Date: February 28, 2011, 8:30 am to 12:00 pm

Location: Bank of America, 114 West 47th Street, 12th Floor (US Trust Bldg)

Details: In New York City where the availability of land is limited often the only way to build is by acquiring development rights (a/k/a “air rights”). This class provides a comprehensive review and analysis of air rights including the history and development of the legal concept of air rights, the role of the NYC Zoning Resolution in air rights deals, how to determine if there are available air rights to acquire, the nuts and bolts of an acquisition of air rights, the documents necessary to memorialize an air rights deal, and the title company’s role in an air rights transaction.


Instructor: Caroline Harris, Esq., Law Offices of Howard Goldman

CLE Credit: 3 Areas of Professional Practice Credits

To Registerhttp://marcisrael.com/launch/register-now/?event=241

Friday, January 27, 2012

NEW YORK LIQUOR LAWS AND LIQUOR LICENSING


Title : NEW YORK LIQUOR LAWS AND LIQUOR LICENSING

Date: March 01, 2011, 8:30 am to 12:00 pm

Location: Bank of America, 114 West 47th Street, 12th Floor (US Trust Bldg)

Details: This class is designed for any attorneys engaged in representing or advising clients on real estate related matters and specifically advising clients on issues related to liquor law matters, including practitioners representing clients purchasing or leasing property who intend to use it for the manufacture, sale and/or distribution of alcoholic beverages.


Instructor: Donald M. Bernstein, Esq., Victor & Bernstein, P.C.

CLE Credit: 3 Areas of Professional Practice Credits

To Registerhttp://marcisrael.com/launch/register-now/?event=242

Thursday, January 26, 2012

ETHICAL ISSUES IN THE PRACTICE OF REAL ESTATE LAW


Title : ETHICAL ISSUES IN THE PRACTICE OF REAL ESTATE LAW

Date: March 29, 2011, 8:30 am to 12:00 pm

Location: Bank of America, 114 West 47th Street, 12th Floor (US Trust Bldg)

Details: This class is designed for practitioners of commercial and residential real estate and addresses a number of ethical issues and potential ethical pitfalls the attorney should be aware of in a real estate transaction. Particular attention is focused on potential conflicts in representing multiple parties to a real estate transaction, the requirement of obtaining a signed engagement letter, using non-attorneys such as paralegals and clerks to attend closings, handling escrow accounts, comingling escrow funds, and escrow account bookkeeping requirements.


Instructor: Marc Israel, Esq., Kensington Vanguard National Land

CLE Credit: 3 Areas of Professional Practice Credits

To Registerhttp://marcisrael.com/launch/register-now/?event=218

Wednesday, January 25, 2012

REPRESENTING THE BUYER: COOP AND CONDO DUE DILIGENCE AND CONTRACT MATTERS


Title : REPRESENTING THE BUYER: COOP AND CONDO DUE DILIGENCE AND CONTRACT MATTERS

Date: April 03, 2011, 8:30 am to 12:00 pm

Location: Bank of America, 114 West 47th Street, 12th Floor (US Trust Bldg)

Details: This class is for attorneys who will, or may, represent purchasers of Coop and Condo apartments. The class will address both contract issues the attorney should be aware of as well as due diligence that the attorney must conduct on behalf of the client. Specific issues to be addressed include time of the essence clause, delivery date issues, mortgage contingency clause, down payment and default clauses, review of Coop and Condo Offering plans, review of Coop and Condo Financial Statements, review of Coop Proprietary Lease, review of Coop Board minutes, and review of Coop or Condo’s By-Laws. The class will also discuss the various federal, state and local taxes related to such a transaction.


Instructor: John Bradbury, Esq., Law Offices of John Bradbury

CLE Credit: 3 Areas of Professional Practice Credits

To Registerhttp://marcisrael.com/launch/register-now/?event=219