Course Details

Taxation of Real Estate Investment

This course is an in-depth study of tax laws, concepts and issues that are fundamental and particular to structured real estate transactions. The primary topics include: a comparison of the various structures used for the ownership of, and investment in, real estate; a review of certain §1031 like-kind exchange driven real estate structures, including tenant-in-common (TIC) and Delaware Statutory Trust (DST) structures; alternative financing techniques such as sale-leaseback transactions and §467 prepaid master lease structures; Real Estate Investment Trusts (REITs), including: Up-REIT, Down-REIT, and Domestically Controlled REIT structures and the use of private REITs in real estate private equity structures; and the use of various finance structures, including REMICs. This course is practice oriented, designed to prepare students and practitioners to identify, discuss and evaluate fundamental and current tax issues which are regularly confronted by lawyers practicing in the structured real estate transactions industry. Registration Requirements: Basic Federal Income Tax is a pre-requisite for JD candidates. The class is not a biddable class for JD and non-Tax LLM students. JD and non-Tax LLM students may only enroll in this class during the drop/add period with the permission of the instructor. Evaluation Method: (i) Projects 25%, (ii) Attendance/Participation 25%, and (iii) Exam 50%

Catalog Number: TAXLAW 642
Practice Areas: Property Practice AreaTaxation Practice Area


Course History

Spring 2018
Title: Taxation of Structured Real Estate Transactions
Faculty: Cullen, Daniel Francis
Matejcak, Peter Raymond
Section: 1     Credits: 2.0
Capacity: 25     Actual: 12

Spring 2017
Title: Taxation of Structured Real Estate Transactions
Faculty: Cullen, Daniel Francis
Section: 1     Credits: 2.0
Capacity: 25     Actual: 4

Spring 2016
Title: Taxation of Structured Real Estate Transactions
Faculty: Cullen, Daniel Francis
Section: 1     Credits: 2.0
Capacity: 22     Actual: 16