A breakfast meeting, with one hour of CPE, is generally held on the second Thursday of each month except April. The breakfast meetings begin at 7:30 a.m. and are held at the
6200 West Club Lane
Date: June 14th
Topic: Pitfalls & Pointers for 1031 Exchanges. Attendees will learn the requirements of setting up a 1031 like kind exchange so that it meets the requirements to be tax free as well as how to structure if it is to be an installment sale.
Moderator: David C. Lingerfelt has been fortunate enough to have practiced in both small and large firm settings, and as outside and inside counsel to Fortune 500 and other national companies. He has also served in profit center and staff management roles in tandem with his role as inside counsel. His wide-ranging experience in business, real estate and tax provides a broad lens through which he views a client’s business and legal issues and provides comprehensive solutions.
He has extensive experience advising clients regarding tax advantaged sales of property and businesses, with particular emphasis on tax deferred exchanges under Section 1031 of the Internal Revenue Code and installment sales under Section 453. He has lectured on these subjects to bar, accounting and real estate groups. He undertook his first 1031 exchange in 1998 and in 1999 joined a national exchange company, heading its Virginia region, serving as underwriting counsel for the Eastern U.S., and Director of its reverse exchange division. Returning to private practice in 2008, he continues to structure tax advantaged transactions for individual and business clients.
New York University School of Law:
– L.L.M. in Taxation
University of Richmond,T.C. Williams: J.D
– Member University of Richmond Law Review
– Member McNeil Law Honor Society
Virginia Commonwealth University: M.B.A.
University of Virginia: B.A.
Member, Board of Trustees, Liberty Property Trust (NYSE: LPT) 1995 – present
Immediate Past Chair, Corporate Governance and Nominating Committee
Current member Audit and Compensation Committees
CE Credit for VASEA Members:
Receiving CE credit for attending VASEA chapter meetings is a benefit of VASEA membership. All active members and associates in good standing are eligible to receive IRS CE credit through the VASEA office for chapter meetings at no charge.
As an alternative to CE Tokens, consider becoming a member. Visit www.vasea.org and click on Join NAEA/VASEA for details including member benefits and costs. If you are not an EA, you may join as an Associate Member.
If you are interested in presenting a tax topic for continuing education credit to the Richmond Chapter, please click here for the “Call for Speakers” form.