Tax Dispute Arises in Litigation of $1 Billion Real Estate Portfolio
High Net Worth Family
Advised on tax controversy matter in litigation involving the separation of nearly 20 Florida real estate properties valued at almost $1 billion. Representation included an analysis of the amount of built-in gain for each property, as well as the tax characterization and the allocation of settlement proceeds and deductions over multiple claims, to ensure tax efficiencies and an equitable solution for settlement.
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