Featuring over 150 tax scenarios that illustrate key tax planning options and challenges, this clear, practical, and richly documented new guide enables you to take full advantage of tax and estate planning strategies involving real estate to reduce or defer taxes, protect assets, and avoid liabilities. With Tax Planning with Real Estate, you"ll be sure to adapt the best tax-saving mechanisms for individual investors and large real estate enterprises ... capitalize on smart estate planning options ... use sophisticated asset protection techniques ... and exploit your knowledge of how partnerships and limited liability companies really work. You"ll quickly learn the value and mechanics of such strategies as like-kind exchanges, real estate investment trusts, personal residence trusts, offshore and domestic trusts, single-member LLCs, and charitable gifts of real estate.