Federal Tax Issues for Foreign Ownership of U.S. Real Estate

Join us for this informative seminar on reporting and transaction rules of U.S. real estate under foreign ownership, tax planning and diversification strategies for donating property to charity, and the new filing requirements to stay in compliance with the Affordable Care Act in 2016.

Agenda:

8:00 a.m. - 8:30 a.m. - Registration & Breakfast

8:30 a.m. - 9:30 a.m. - Affordable Care Act Updates for 2016
Cyndi Mergele, Senior Manager • Padgett Stratemann & Co.
The requirements to comply with the Affordable Care Act keep rolling on. We will discuss the reporting and filing requirements plus other critical issues to come in 2016.

9:30 a.m. - 9:45 a.m. - Break

9:45 a.m. - 11:00 a.m. - Foreign Ownership of U.S. Real Estate
T. Van Alston, Partner • Padgett Stratemann & Co.
Eulalio Guerrero III, Partner • Padgett Stratemann & Co.
 Understanding the federal withholding requirements and the required documents that are necessary to file with the IRS for U.S. real estate, held through a partnership, corporation, or trust, can help avoid costly penalties and prevent often unnecessary withholding of funds. Whether you are representing the foreign seller or buyer of U.S. real estate, this session will give you an insight into federal taxation issues.

11:00 a.m. - 12:00 p.m. - Gifting Real Estate to Charity
  James Summers, Partner • Norton Rose Fulbright US LLP
 Real estate owners should consider tax planning and diversification strategies to maximize the benefits of real estate donations. This discussion will provide and overview of gifts of real property to charity, and some of the unique challenges associated with these gifts.

Registration cost: $40 pp

CPE: 3.5 hours
CLE: 3.25 hours