Landlords (and their lenders) want nothing more than certainty in the stream of rental payments from tenants. When risks are involved – because of the profile of the tenant or the nature of its operations – landlords seek to offset the risk through higher rents and protective provisions in leases. Those provisions may include restrictions on usage, insurance requirements, more thoroughgoing inspections or other restrictions. This program will provide you with a guide to drafting and negotiating leases when a landlord has a risky tenant, with an emphasis on offsetting or compensation for that additional risk.
· Trust and estate planning opportunities using Section 1031 like-kind exchanges
· How the 2017 tax law changed conventional considerations of using like-kind exchanges
· Review of major non-estate tax issues for estate planners when using like-kind exchanges
· Circumstances when it no long makes sense to use like-kind exchanges for income-producing party
· Real estate traps when using like-kind exchanges in trust planning
Anthony Licata, Taft Stettinius & Hollister LLP – Chicago
Richard R. Goldberg, Ballard Spahr, LLP – Philadelphia