Residential Purchases and Sales

We regularly advise clients with respect to the purchase and sale of residential real estate, including single and multi-family homes, condominium apartments and cooperative apartments.

Residential Tax Matters

We counsel clients on the myriad income, estate and gift tax issues that relate to real estate transactions, including:

• Advice and counsel regarding IRC Section 1031 like-kind exchanges
• Planning for minimizing capital gains taxes
• Conveyances related to estate tax planning
• Entity formation to minimize multi-state estate tax exposure
• Federal and state foreign persons gains tax withholding requirements

Real Estate Financing

Our Real Estate attorneys regularly counsel clients on acquisition financing matters including:

• First and second acquisition mortgages and refinance mortgages through commercial and private lenders
• Assumption agreements, consolidation agreements, extension agreements, modification agreements, and satisfactions
• Purchase money mortgages and installment sales
• Entity formation to minimize multi-state estate tax exposure
• Preparation of balloon, demand and fully amortizing promissory notes