Ezra Dyckman

April 23, 2019 | New York Law Journal

In their taxation column, Ezra Dyckman and Joshua Rabinovits discuss the legislation adopted by the state Senate and Assembly as part of the New York State 2020 budget which has significantly increased the real estate transfer tax on certain conveyances of real property in New York City.

By Ezra Dyckman and Joshua A. Rabinovits

6 minute read

February 26, 2019 | New York Law Journal

In their Taxation column, Ezra Dyckman and Charles Nelson discuss the proposed Treasury Department regulations implementing Section 163(j) of the Internal Revenue Code which was amended to place a limit on business interest deductions.

By Ezra Dyckman and Charles S. Nelson

5 minute read

December 24, 2018 | New York Law Journal

In their Taxation column, Ezra Dyckman and Aaron S. Gaynor discuss talking points on one of this year's hottest topic in real estate.

By Ezra Dyckman and Aaron S. Gaynor

6 minute read

October 23, 2018 | New York Law Journal

On Aug. 16, the Treasury Department issued proposed regulations, under Section 199A of the Internal Revenue Code, which generally allows a 20 percent deduction on income from pass-through entities. The legislation left a lot of uncertainty regarding many issues, and the proposed regulations provide some clarity. 

By Ezra Dyckman and Charles S. Nelson

6 minute read

August 21, 2018 | New York Law Journal

In their Taxation column, Ezra Dyckman and Charles S. Nelson discuss proposed Treasury Department regulations that would once again permit transactions in which a partner can contribute property to a partnership and receive a tax-free distribution of money.

By Ezra Dyckman and Charles S. Nelson

6 minute read

June 26, 2018 | New York Law Journal

In their Taxation column, Ezra Dyckman and Daniel W. Stahl discuss the recent Tax Court case 'Levitz v. Commissioner' addressing whether a taxpayer was engaged in a real estate trade or business—a question which has newfound significance in light of certain provisions in the 2017 tax legislation that hinge on the presence or absence of a trade or business.

By Ezra Dyckman and Daniel W. Stahl

1 minute read

April 24, 2018 | New York Law Journal

In their Taxation column, Ezra Dyckman and Charles S. Nelson discuss how the Tax Cuts and Jobs Act introduced a new concept under which business losses cannot be used to offset certain types of income and examine how this will have significant consequences for many owners of rental real estate.

By Ezra Dyckman and Charles S. Nelson

5 minute read

February 27, 2018 | New York Law Journal

In their Taxation column, Ezra Dyckman and Charles S. Nelson discuss P.L. 115-97, commonly known as the Tax Cuts and Jobs Act, and specifically new Section 199A, which, although very favorable to real estate investors, is very complicated and there is uncertainty regarding key questions surrounding it.

By Ezra Dyckman and Charles S. Nelson

6 minute read

December 27, 2017 | New York Law Journal

In their Taxation column, Ezra Dyckman and Vivek Chandrasekhar discuss how the the new "Partnership Audit Rules" are going into effect for partnership taxable years beginning January 1, 2018 and that partners will need to have a plan in place, ideally in their partnership agreements, to account for the new choices and elections required by the rules.

By Ezra Dyckman and Vivek Chandrasekhar

6 minute read

October 24, 2017 | New York Law Journal

In their Taxation column, Ezra Dyckman and Daniel W. Stahl discuss the case 'Windham v. Commissioner,' noteworthy because the taxpayer was able to convince the Tax Court that she met the test for qualifying as a real estate professional despite having a separate job as a stockbroker.

By Ezra Dyckman and Daniel W. Stahl

6 minute read