2019 Conference Speakers
Mary B. Foster — 1031 Services, Inc.
Mary B. Foster (Conference Co-Chair) is currently President of 1031 Services, Inc., in Seattle, Washington. She has been involved in numerous exchanges as attorney and intermediary and she frequently lectures before professional groups and investors on the topic of tax-deferred exchanges. Ms. Foster is co-author of Tax-Free Exchanges under § 1031, published by Thomson Reuters/West. She is past President and Board Member of the Federation of Exchange Accommodators, a member of the ABA Tax Section Tax Council and former Chair of the Committee on Sales, Exchanges and Basis, a member of the Washington State Bar Tax Section, and a Fellow of the American College of Tax Counsel. Ms. Foster is a contributing author to Real Estate Taxation, Matthew Bender’s Federal Tax Service, Real Estate Tax Digest, Journal of Passthrough Entities, Business Law Today, NYU Tax Institute, and Journal of Accountancy. She received her B.A. from the University of Michigan and her J.D. from University of California, Berkeley Law.
Louis S. Weller — Weller Partners LLP
(Conference Co-Chair) is Managing Partner of Weller Partners, LLP in Sausalito, California. Lou is a retired Principal of Deloitte Tax, LLP, where he served as National Director, Real Estate Transaction Planning and led the firm’s Like-Kind Exchange practice group. He is co-author of Real Property Exchanges, 3rd edition, published by California Continuing Education of the Bar, is the Real Estate department Editor of the Journal of Taxation and serves on the Advisory Board for the Journal of Passthrough Entities. Lou is a past Chair of the ABA Tax Section’s Real Estate Committee, aa past Chair of the Taxation Section of the Bar Association of San Francisco, past member of the Executive Committee of the State Bar of California Taxation Section and is a Fellow of the American College of Tax Counsel. He received his B.A. cum laude from Yale University and J. D. and Masters in Public Policy degrees from the University of California, Berkeley. In his spare time Lou continues to struggle to become a barely adequate golfer.
Anne E. Andrews — PricewaterhouseCoopers LLC
Ms. Andrews is a Federal Tax Partner in the San Jose office of PricewaterhouseCoopers LLP who specializes in federal tax planning and large-scale project implementations. Throughout her 20+ years with PricewaterhouseCoopers, Anne has gained deep technical and practical expertise in a variety of specialized tax areas, with primary focus on Sections 1031 and 1033. She worked for three years with PwC’s Washington National Tax group where she focused on developing and delivering tailored solutions to help clients solve complex tax-related challenges.
Anne currently serves as PwC’s National Like-kind Exchange Leader, responsible for planning and executing innovative consulting solutions to facilitate complex like-kind exchanges. She had developed and delivered tailored exchange solutions involving numerous characteristics including: partial and whole trade or business transaction exchanges; reverse and forward parking of leased and acquired replacement property, including construction options under the safe harbor, Bartell and build-to-suit structures; reverse LKE Programs; liability-netting; IRC section 338(h)(10) elections; property ownership and entity re-structuring pre- and post-exchange, and IRC section 1060 allocation complications; and under pre-2018 tax law: LKE Program exchanges; mass asset/multiple exchange group transactions; and intangible exchanges. Anne also focuses on assisting companies with the technical and procedural analysis and reporting of real, personal and intangible property involuntarily converted under Section 1033.
Additionally, Anne advises her clients on the characterization of tangible assets and associated expenditures; tax accounting for tangible property transactions; evaluating fixed asset accounting methods to maximize cash flow; claiming repair deductions and segregating costs for accelerated depreciation deductions; and defending the qualification and quantification of Domestic Production Deductions claims related to on-line software under former Section 199. Anne’s focus on planning, implementation and audit defense of complex, coordinated projects spans a wide array of industries including real estate, retail, technology, telecommunications, leasing, healthcare providers, utilities, oil and gas, financial services and consumer & industrial products manufacturing.
Anne is a regular instructor at conferences on like-kind exchanges, accounting methods and fixed asset related subjects. She received a B.A. from Michigan State University, and is a licensed CPA in California and Michigan.
Bradley T. Borden — Brooklyn Law School
is Special Tax Counsel at Duval & Stachenfeld LLP in New York City and a Professor of Law at Brooklyn Law School. Brad has written extensively on section 1031. His treatise, TAX-FREE LIKE-KIND EXCHANGES (Civic Research Institute, 2nd ed. 2015), is regarded as the most comprehensive coverage of section 1031, and he has written many of the seminal articles on section 1031 topics, include drop-and-swap exchanges, leasehold improvements exchanges, related-party exchanges, and exchanges of partial interests in real property. He has also written several books and numerous articles in leading tax and legal journals on topics related to section 1031. Brad is a fellow of the American Bar Foundation and the American College of Tax Counsel. He is an active member of the Section of Taxation of the American Bar Association and a past chair of the Sales, Exchanges & Basis Committee of that Section and is active in the Tax Section and Business Law Section of the New York State Bar Association. He earned a B.B.A. and M.B.A. from Idaho State University and a J.D. and LL.M. in taxation from University of Florida Fredric G. Levin College of Law, he is licensed to practice law in New York and Texas, and he is a certified public accountant. He teaches Federal Income Taxation, Partnership Taxation, Taxation of Real Estate Transactions, and LLCs and Partnerships at Brooklyn Law School. Contact: firstname.lastname@example.org,(718) 780-7550, email@example.com, (212) 692-5520. Law School Website: www.brooklaw.edu; Firm Website: www.dsllp.com.
Stephen M. Breitstone — Meltzer, Lippe, Goldstein & Breitstone, LLP
in addition to being the Vice Chairman of the firm, also leads the Private Wealth & Taxation Group at Meltzer Lippe. Steve is a frequent lecturer and author of numerous published articles on taxation of real estate transactions and estate planning for real estate owners. Steve currently teaches the course in Tax and Business Planning for Real Estate Transactions as an adjunct professor at Cardozo Law School. Steve has lectured at the NYU Institute on Federal Taxation, Practicing Law Institute, Notre Dame Tax and Estate Planning Conference, Bloomberg BNA Tax Management Real Estate Board, Bloomberg BNA Tax Management Estate Planning Board, National Multi¬Housing Conference, and the Federation of (1031) Exchange Accommodators and for many more institutions. Steve has also lectured at the American Bar Association Tax Section on topics such as Foreign Investment in U.S. Real Estate and Income Tax and Estate Planning for leveraged real estate and many other topics.
Ciro M. Immordino - California Franchise Tax Board
Ciro M. Immordino is a Senior Tax Counsel at the California Franchise Tax Board and specializes in like-kind exchanges, partnerships, accounting methods, and abusive tax avoidance transactions. Before joining the Franchise Tax Board, Mr. Immordino worked at a Big Four accounting firm, in the tax department of one of the nation’s largest private commercial construction companies, at an international law firm in Tokyo, Japan, and at a tax law firm based in Sacramento. Mr. Immordino is an attorney and CPA. He is currently the chair of Tax Policy, Practice and Legislation Committee of the State Bar of California’s Taxation Section. Mr. Immordino also teaches taxation and accounting courses at the undergraduate and graduate level. Mr. Immordino received his B.S. in Accountancy from CSU Sacramento and his J.D. from Santa Clara University School of Law.
Todd D. Keator — Thompson and Knight
is a partner in the Dallas office of Thompson & Knight LLP. He has an L.L.M. in Taxation from NYU and is a former Chair of the Real Estate Committee of the American Bar Association Tax Section. His practice focuses primarily on U.S. transactional tax issues, with an emphasis on partnership, real estate, and oil and gas transactions. Recent practice highlights include 1031 exchanges involving real estate and oil and gas assets, private REIT formation and acquisitions, partnership formations and recapitalizations, debt workouts, and transactions involving “tracking” stock.
Alan S. Lederman — Gunster
is a shareholder in the Florida law firm of Gunster. He graduated cum laude from Harvard Law School and received an M.B.A. from Harvard Business School. Mr. Lederman is also a CPA. Mr. Lederman has taught in the master’s program at the University of Miami law school. Alan is a frequent speaker at professional conferences, including those sponsored by the NYU Institute on Federal Taxation, the American Bar Association, and the Florida Bar. He is past Chair of the ABA Section of Taxation Committee on Sales, Exchanges & Basis. Alan has published law review articles in such publications as the ABA Tax Lawyer, AICPA Tax Adviser, , BNA Tax Management International Journal, BNA Tax Management Real Estate Journal, BNA Daily Tax Report, CCH Taxation of Financial Products, CCH Taxes, Florida Bar Journal, International Tax Journal, NYU Institute on Federal Taxation, RIA Journal of Taxation, PLI Institute on Corporate Strategies, PLI Institute on International Joint Ventures, Tax Analysts’ Tax Notes, Tax Analysts’ Tax Notes Today, and Tax Analysts’ World Tax Daily. Mr. Lederman has also written two BNA Tax Management Portfolios. His tax law review articles have been cited in a federal court opinion, Congressional Report, and an IRS National Office memorandum.
Richard M. Lipton — Baker & McKenzie LLP
is a partner in Baker McKenzie, Chicago. He advises on tax planning for corporations, partnerships and limited liability companies, and has handled numerous engagements in structuring partnership and real estate transactions, REITs and real estate funds. He also has extensive experience in a number of other areas relating to tax law, including tax-exempt organizations and the rules involving unrelated business income tax, the tax consequences of bankruptcies and workouts, and various tax accounting issues. He also provides tax advice to several professional sports franchises, and has served as an expert witness on matters concerning partnerships and partnership taxation. Dick served on the Internal Revenue Service Advisory Council, and is an adjunct professor at the University of Chicago Law School, where he teaches partnership taxation. He is past Chair of the ABA Section of Taxation and the American College of Tax Counsel.
David Shechtman — Drinker Biddle & Reath LLP
is Chair of the Business Tax Group at Drinker Biddle & Reath LLP in Philadelphia, Pennsylvania. He has developed a national practice structuring and documenting like-kind exchanges of real estate and other assets for real estate investors, exchange intermediaries, and major corporations. Mr. Shechtman is the former Chair of the Committee on Sales, Exchanges and Basis of the American Bar Association’s Tax Section. He is a regular speaker at ABA Tax Section meetings and other tax conferences and has published articles in the Journal of Real Estate Taxation, Journal of Taxation of Investments, Tax Notes and the NYU Institute on Federal Taxation. He received a B.A. degree, with high honors, in Economics from Swarthmore College in 1974, and a J.D. degree from Cornell University Law School in 1977. He is also an Adjunct Professor of Tax law at the Temple University Law School.
Darryl Steinhause — DLA Piper LLP
Darryl Steinhause is a partner in DLA Piper’s Real Estate Capital Markets group. Darryl has been at the forefront of the Section 1031 syndication market since the early 1990s. He conceived of the modern, syndicated tenant in common structure and helped obtain both the TIC Revenue Procedure and the DST Revenue Ruling. With a national reputation as one of the leaders in this industry, Darryl has represented numerous sponsors in TIC and DST transactions. Our sponsors have syndicated nearly every asset class inside the DST and TIC models including office, single-tenant, multi-family, government buildings, hospitality, self-storage, assisted living and retail properties. His breadth of knowledge regarding DSTs and the Section 1031 market is unmatched in the industry.
With more than 30 years of experience in highly technical securities and tax transactions, Mr. Steinhause has structured securities offerings for a wide variety of significant clients across the country, acting as lead counsel on over 10 billion dollars of fund, debt, tenant in common (TIC), Delaware statutory trust (DST), real estate investment trust (REIT), Opportunity Zone Funds and other offerings. He has represented both sponsors and institutional investors in a variety of deal structures, including publicly registered transactions, private placements and institutional funds. His experience also includes structuring lending transactions for borrowers particularly involving TICs, REITs and DSTs.
Derrick M. Tharpe — Wells Fargo 1031 Exchange Services
is a Vice President and Senior Counsel with the Wells Fargo Law Department. Mr. Tharpe received his undergraduate degree from Catawba College, in Salisbury, NC where he earned dean’s list honors with a B.A. in Political Science and Business Administration. He was also a member of the Student Honor Court and played varsity basketball for 4 years under head coach Sam Moir. Mr. Tharpe received his law degree from the University of North Carolina School of Law in Chapel Hill, NC, and is licensed to practice law in both North Carolina and South Carolina. Prior to joining Wells Fargo, Mr. Tharpe was a practicing attorney at law primarily focused on real estate related matters. He is a member of the North Carolina Bar Association, Section on Taxation, as well as the American Bar Association’s Section on Taxation. He is also a member of the ABA Tax Section’s Sales, Basis & Exchange Committee, and the Subcommittee on §1031 Like Kind Exchanges. Mr. Tharpe is a frequent speaker on the topic of §1031 exchanges, and has served as a speaker and faculty member for programs on behalf of the ABA Tax Section, North Carolina Bar Association, Tax Executives Institute, National Business Institute, Georgia Federal Tax Conference, South Carolina Association of Certified Public Accountants, and the Florida Institute Certified Public Accountants. He has also published numerous articles on the subject of like-kind exchanges, including articles for various commercial publications as well as legal publications on behalf of the South Carolina Bar, the Florida Bar, and also for the Campbell Law School Observer.
Martin E. Verdick — RSM US LLP
is a partner with RSM US LLP, based in Champaign, Illinois, with over 30 years of experience in the field of real estate taxation. Mr. Verdick serves as the firm’s lead specialist for like-kind exchanges. He has been an instructor at RSM’s national tax conference on the topic of advanced concepts in like-kind exchanges and is a visiting lecturer in the Finance and Accountancy departments at the University of Illinois and at the University of Illinois School of Law. Mr. Verdick has been a speaker for the Illinois Institute for Continuing Legal Education on the subject of like kind exchanges. He is a graduate of the University of Illinois and is a Certified Public Accountant.
Joyce L. Welch — Deloitte Tax LLP
is a Managing Director in Deloitte’s Washington National Tax – Federal Tax Accounting, Periods, Methods and Credits Group, based in San Diego. Her professional practice emphasizes tax planning for acquisition/disposition of highly appreciated assets. Ms. Welch has practiced accounting and tax services for over 25 years and has been involved in complex partnership tax structuring and the development and implementation of deferred and reverse like-kind exchanges, sale-leasebacks, and other capital gain preservation strategies for REITs, private equity funds and other public and private owners of real estate and other tangible property. Ms. Welch has been a featured speaker at several real estate industry conferences and has published articles in Journal of Taxation, Real Estate Tax Digest and Tax Management Memorandum and was a contributing author of the treatise, Real Property Exchange, 3rd edition, published by the Continuing Education of the Bar of California. Ms. Welch received her B.S. in Accounting at Arizona State University. She holds her CPA in Arizona, California and Hawaii.