Drafting Real Estate Partnership and LLC Agreements, ABA Section of Taxation

May 2011

American Bar Association, Section of Taxation
May 7, 2011
2:00 – 4:00 pm

This panel discussed the general tax considerations and common mistakes in drafting partnership or LLC agreements for real estate partnerships.

The conversation covered topics such as:

  • Do I need that incoherent tax boilerplate and why? 
  • Should I liquidate in accordance with capital accounts? 
  • What is a tax distribution and when do I need one? 

Moderator: Brian O’Connor, Venable LLP, Baltimore, MD

Panelists: Terence Cuff, Loeb & Loeb LLP, Los Angeles, CA; Steven R. Schneider, Goulston & Storrs, Washington, DC; Robb Longman, McMillan Metro, P.C., Rockville, MD