Scott O’Sullivan

Scott focuses his practice on real estate tax planning, deal structuring, tax accounting and partnership taxation. He is involved with different facets of real estate including acquisitions, financings, debt restructurings and modifications, 1031 exchanges, energy and sustainability-related incentives, rehabilitation tax credits, cost segregation studies and other transactions and planning on behalf of prominent real estate developers, investors, property managers, nursing home owners and operators, and other diverse businesses.

A widely recognized authority on real estate taxation, Scott has written several articles that were published in such publications as Real Estate Weekly and the MANN Report and has spoken at numerous events such as “Real Estate Repositioning: A Strategy for the New Economy” as well as the NYC Real Estate Expo; one of the largest events in the real estate industry. Other speaking engagements covered topics such as the impact of the federal rehabilitation tax credit on New York City real estate, tax incentives within recently passed legislation that benefit owners of repositioned/retrofitted buildings; current trends in structuring leases to maximize tax deductions from both landlord and tenant perspectives; efficiency and solar projects for commercial properties; cancellation of indebtedness income; choice of entity; IRS regulations related to expense vs. capitalization of improvements to tangible property and related tax planning.