Arent Fox has experience in the most complex areas of federal, state, and local tax law impacting real estate transactions. Whether we are representing lenders, borrowers, investors (both inbound or outbound, taxable or tax-exempt), developers, contractors, tenancies in common (TIC arrangements) or other parties to a real estate transaction, our tax professionals bring practical business judgment and technical tax experience to the firm’s transactional team. The Arent Fox Tax group enables our clients to make informed decisions regarding the material tax risks and opportunities presented by their business. Our tax team offers strategies to minimize a particular tax risk and creates alternative transaction structures to accomplish our clients’ business objectives.
Each of our tax professionals works closely with practitioners in various real estate and related practice areas (including Hospitality, Construction, Bankruptcy & Financial Restructuring, Sports, Long Term Care & Senior Living, and Finance) to produce an optimal tax result for the client. Our lawyers are experienced in a wide range of tax issues pertaining to real estate, including partnership and corporate structuring, syndicated offerings, acquisition and disposition planning, like-kind exchanges, tax considerations for tax-exempt investors (including the Fractions Rule), foreign investment (FIRPTA) issues, historic preservation and investment tax credit opportunities, real estate investment trusts (REITs), tax accounting considerations, work-outs and tax exempt financing.
Arent Fox also has extensive experience in state and local government tax disputes and litigation, with particular experience in the hotel and nursing home industries. Our work includes representing clients before trial courts and administrative boards with respect to real property taxation, real property tax exemption, and DC unincorporated business tax issues.