Do You Know How to Use Non-Grantor Trusts
with Real Estate to Bypass Limit on State and Local
Property Tax Deductions?

The new $10,000 limit on state and local property tax deductions
applies per taxpaying entity, so trusts funded with real estate can effectively
multiply the deduction limit even after the 643(F) Regs.

Thanks to the 2017 Tax Act, also more commonly known as the Tax Cuts & Job Act (“TCJA”), many deductions allowed to an individual for federal income tax purposes for certain expenses or costs incurred have been either permanently eliminated, suspended or limited until 2026.  As a result, the use of non-grantor trusts have become a much-talked about strategy to help assist some individual taxpayers in leveraging more federal income tax benefits from state and local tax payments, despite the limitation on the deduction through 2025.

To learn more about how to utilize non-grantor trusts with homes and vacation homes as a tax-savings strategy for your clients, please join us and nationally renowned attorney-CPA, Martin “Marty” Shenkman, J.D., CPA, MBA, for a special presentation entitled, “Using Non-Grantor Trusts to Own Homes”.

During this 60-minute presentation, Marty will be covering the following:

• Creative planning to salvage income tax benefits clients had realized on their homes before TCJA.

• SALT deductions limit/eliminate property tax deductions – what can be done to save those deductions?

• How to use a non-grantor trust to save property tax deductions.

• Proposed 199A Regs might limit this planning with their multiple trust rule but is that rule valid? How to plan around the Proposed Reg limitations.

• Evaluate property tax savings in the context of all non-grantor trust savings to best advise clients.

• Home sale exclusion under Sec. 121 is lost if a non-grantor trust owns and sells a principal residence. How can you preserve that benefit?

• How should you structure the transaction? How should multiple non-grantor trusts own a residence? What are the tax filing requirements and what can you do about them?

• And much more!

Your purchase includes: Immediately downloadable PDF handout materials and MP3 audio recording. A PDF transcript may be added onto your purchase during the checkout process for an additional fee.

SPECIAL FREE BONUS—CONSUMER MARKETING MATERIALS

In addition to the presentation handouts and recording, purchasers will also receive a short PowerPoint slide deck with presentation material to use with your clients to help explain these planning strategies.  This PowerPoint presentation is included with your purchase as a free bonus!