Warren
"Skip"
Kessler

Business Transactions
&
Restructuring<br>Real
Estate Transactions



Team

Biography

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Warren "Skip" Kessler

Business Transactions & Restructuring, Real Estate Transactions

Biography

Warren "Skip" Kessler is a Partner in Liner's Business Transactions & Restructuring and Real Estate Groups.  Skip represents institutions, large real estate portfolio owners, private businesses, and high-net-worth individuals in connection with tax structuring of complex real estate transactions as well as the restructuring of partnerships and limited liability companies that own large parcels of real estate.  He has a national reputation for creative and outside-the-box solutions to complex and complicated transactions and his skill and deep experience in the underlying real estate, partnership, limited liability company, and finance matters enables him to devise tax-efficient structures for his clients.

Skip is one of the country's foremost experts on Section 1031 exchanges. He has structured thousands of forward and reverse Section 1031 exchange transactions involving billions of dollars of property and has devised numerous strategies to permit one or more partners to accomplish separate Sections 1031 exchanges. His solutions also permit some partners to undertake Section 1031 exchanges and others to cash out, all in a tax-efficient manner. 

He translates the complexities of the Internal Revenue Code and its Regulations into language that his clients can understand and act upon.  Skip is always at the cutting edge of real estate and partnership tax planning issues.  He is a frequent speaker on Section 1031 topics, regularly speaking at various high-level national seminars.  His practice also includes representing clients before the Internal Revenue Service, Tax Court, and Franchise Tax Board.  He has been selected as a Super Lawyer since 2006 and has been listed in The Best Lawyers in America® since 2013.

Skip's skill and knowledge of tax regulations have resulted in numerous owners disposing of their properties located in Downtown LA and adjacent areas on a tax-free basis, transferring those properties to purchasers who have redeveloped them for retail, residential, hotel, and other uses, thereby transforming the character of DTLA.

Skip is also involved in numerous charitable and pro bono activities, most notably serving as General Counsel to the Wilshire Boulevard Temple Board of Trustees.

 

 

 

Education

 

University Of Michigan Law School (J.D., cum laude)

 Cornell University  (A.B.)

Speaking Engagements & Publications

Speaker, Federation of Exchange Accommodators Webinar, December 20, 2016, Current FTB Hot Button Issues Under Section 1031.

Lecturer, University of Michigan Law School, Real Estate Tax Planning, Section 1031 Exchanges, 2013, 2015 and 2016.

Speaker, National Conference on Like-Kind Exchanges Under Section 1031, Annual Review of Ethical Issues for Qualified Intermediaries and Advisors    In Like-Kind Exchanges, Estate Planning and Section 1031, Current FTB Positions, and Non-Safe Harbor Exchanges After Bartell, 2016.

Speaker, Opus Bank, Real Estate Investment Seminar, 2016

Speaker, Bank Leumi Real Estate Seminar, California Franchise Tax Board Hot Buttons When Auditing Section 1031 Exchanges, 2015

Speaker, Federation of Exchange Accommodators, Webinar, California Franchise Tax Board – Withholding Issues, Audit Activity and Hot Button Items, 2015

Speaker, National Conference on Like-Kind Exchanges Under Section 1031, Breaking Up and 1031 (aka Breaking Up is not that Hard to Do), 2015

Speaker, Federation of Exchange Accommodators Annual Conference and Webinar, California Franchise Tax Board – Withholding Issues, Audit Activity and Hot Button Items, 2015

Speaker, Federation of Exchange Accommodators Annual Webinar, Breaking Up and 1031 (aka Breaking Up is not that Hard to Do), 2015

Speaker, various CEB seminars on income tax topics, including real estate exchanges

Speaker, California Society of Certified Public Accountants, 2008 Tax Update And Planning Conference:  2008 Real Estate Tax Update

Speaker, 1st Service Solutions’ Borrowers Forum: What Every Servicer and Borrower Needs To Know About Reverse Exchange Transactions, 2008

Speaker, Lorman Education Services Seminars on Section 1031 Exchanges, 2003, 2004, 2005 and 2006

Speaker, USC Tax Institutes, 1983, 1987 and 1990

Author, “Dealing With Distressed Real Estate Projects,” Forty-Second Annual Institute on Federal Taxation, University of Southern California, January 1990

Author, “Refinancing Real Estate,” Thirty-Ninth Annual Institute on Federal Taxation, University of Southern California, January 1987

Author, “Real Estate as an Investment,” Thirty-Fifth Annual Institute on Federal Taxation, University of Southern California, January 1983

Co-Author, “Sidestepping the Impact of Starker to Save Two-Party Tax-Free Exchanges,” 48 Journal of Taxation 328, June 1978

Recognition

Martindale-Hubbell: AV Rating

Southern California Super Lawyers (2006-2017)

Best Lawyers: 2013-2017

Community

 

General Counsel, Wilshire Boulevard Temple Board of Trustees, 2015 to present

Representative, Cornell University Development Fund

Former Chair and Director, California Housing Partnership Corporation, 2001- 2006