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Jenner & Block Partner Arnold S. Harrison participated in Tenant-in-Common Association's webinar series titled "The Delaware Statutory Trust (DST): Find out how the DST can help build new business for you" on April 30. The webinar provided an understanding of the DST structure, including ways that the DST can build new business, new lenders who now use the DST, and common benefits and misconceptions of the DST. Among other topics, the panelists discussed the Revenue Ruling 2004-86, if a “master lease” structure and “management fee” structure could be used in a DST and which properties are best suited for the structure. Established in 2003, TICA is a non-profit organization focused on the success of the fractional ownership industry.
Mr. Harrison’s tax practice focuses primarily on tax planning relating to corporate, real estate and business transactions, mergers, acquisitions, leveraged buyouts, venture capital transactions, start-up operations, spin-offs and financial instruments. Mr. Harrison is Chair of the Firm’s Real Estate Securities Practice, Co-Chair of the Firm’s Tax Practice, Co-Chair of its Tax Controversy Practice and its Tenant-in-Common Workout Task Force.
Please click here for more information about the event.