2017 Conference Speakers
Mary B. Foster — 1031 Services, Inc.
(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 and former Chair of the Committee on Sales, Exchanges and Basis, and a member of the Washington State Bar Tax Section, and is 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. He also serves as Managing Director of Stewart Institutional Exchange Services, LLC, a qualified intermediary and exchange accommodation titleholder subsidiary of Stewart Title Company. Lou is a retired Principal in Deloitte Tax, LLP, where he served as National Director, Real Estate Transaction Planning and also 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 past Chair of the ABA Tax Section’s Real Estate Committee, a 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 is trying to become a barely adequate golfer.
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.
Terence F. Cuff — Loeb & Loeb, LLP
is of counsel at Loeb & Loeb, LLP, Los Angeles, CA. He devotes his professional time to problems of partnership taxation, real estate taxation, and taxation real estate investment trusts. He is the author of the recently published Drafting and Understanding Partnership and LLC Allocation and Distribution Provisions, 2017 ed. (Thomson Reuters). Terry devotes his nonworking time to tennis, photography, issues of Excel spreadsheet design in tax and finance, tax issues in the American Revolution, and the war of the American Revolution. Terry received his B.A. from the University of California, Santa Cruz in 1974, his J.D. from the University of Southern California in 1977, and his LL.M. (Taxation) from New York University in 1979.
David E. Franasiak — Williams & Jensen
became a Principal of Williams & Jensen in 1992. As Vice President of Finance and a member of the Executive Committee since 1993 and specializes in a legislative and administrative practice focused on tax, securities, financial institutions and natural resources. David was formerly Director of Tax at the U. S. Chamber of Commerce and Staff Director of the Tax Oversight Subcommittee of the U. S. House of Representatives Small Business Committee, and worked for the US Chamber, BP, and Ernst& Young. In addition to serving Williams & Jensen clients, Mr. Franasiak teaches a public policy seminar at the University at Buffalo New York City Program in Finance and Law. He is a member of the Board of the International Stock Exchange Executives Emeriti (ISEEE) and the board of the Parent- Child Home Program. Mr. Franasiak holds a B.A., an M.B.A., and a J.D. from the State University of New York at Buffalo.
Adam M. Handler — PricewaterhouseCoopers LLP
is a Principal in PricewaterhouseCoopers’ National Tax Services and the leader of its Like-Kind Exchange Tax Consulting Practice. Based in Los Angeles, California, he specializes in structuring like-kind exchanges and other complex transactions. As an attorney-advisor in the Treasury Department’s Office of Tax Policy, Mr. Handler wrote many of the current like-kind exchange rules and regulations. He is a past Chair of the ABA Tax Section’s Committee on Sales, Exchanges & Basis, a member of the Government Relations Committee of the National Association of Real Estate Investment Trusts and a frequent speaker on a variety of real estate tax topics. Mr. Handler has written extensively on tax matters and has had numerous articles published. He received his B.S. from Yale University (Phi Beta Kappa, Summa cum Laude, Honors in Chemistry) and his J.D. from Stanford Law School.
Robert D. Schachat — Ernst & Young, LLP
is a member of the Real Estate Group in the National Tax Department of Ernst & Young, LLP in Washington, DC. He consults with clients in all federal income tax aspects of real estate, including REIT, partnership, limited liability company and S corporation formations, acquisitions, like-kind exchanges, development, leases, financing, workouts, dispositions and liquidations. Mr. Schachat is Chair of the Real Estate Committee and is a member of the Committee on Government Relations of the Section of Taxation of the American Bar Association. He is also a member of the Advisory Board of Journal of Passthrough Entities, the Board of Contributing Editors and Advisers of Real Estate Taxation and the Tax Management Advisory Board for Corporate Tax and Business Planning. He is co-author of the CCH treatise entitled “Taxation of REITs and UPREITs”. He has served as Vice Chair of the Tax Policy Advisory Committee of the Real Estate Roundtable and is a past co-chair of the Cost Recovery Committee and member of the Executive Committee of the Tax Section of the New York State Bar Association. Mr. Schachat received his S.B., Phi Beta Kappa, in Mathematics from Massachusetts Institute of Technology in 1973, his J.D. from Columbia University Law School in 1976 and his LL.M. in Taxation from New York University School of Law in 1981.
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.
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.
Kevin Thomason — Elliott, Thomason & Gibson
is a Partner in Elliott Thomason & Gibson, LLP, in Dallas, Texas. Kevin focuses on the representation of clients in tax matters. He provides advice and counseling on partnership, corporate, and real estate tax issues, with an emphasis like-kind exchanges including creative uses of tenant-in-common and Delaware Statutory Trust (DST) structures. He also advises on wealth preservation and estate planning matters and provides general counsel to businesses in multiple sectors. He is a Past Chair of the Section of Taxation of the State Bar of Texas, the Section of Taxation of the Dallas Bar Association and the Real Estate Committee of the Section of Taxation of the American Bar Association. He is the Chairman of the Board of Directors of the Texas Federal Tax Institute and is a Fellow of the American College of Tax Counsel. While Chair of the State Bar Tax Section, Kevin drafted legislation to ban tax strategy patents and had such legislation approved by both the Council of the Tax Section of the State Bar of Texas and the Board of Directors of the State Bar of Texas, a first.
All you really need to know about Kevin is that he was the starting catcher on the 1972 State Champion Ardmore Tigers Baseball Team. It has all been downhill from there.
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.