Real Estate Conference (Morning Session)

Thursday, June 3 8:30am - 12:30pm

(Check-In 8:15am)

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4.00 Credits

Member Price $99.00

Non-Member Price $139.00

Overview

Sponsored by Bedford, CTCPA’s new Real Estate Conference will provide an overview of the changes related to the Tax Cuts and Jobs Act of 2017 (TCJA) and more recently, by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. With a heavy emphasis on real-world case studies rather than academic theory, the focus will be primarily on changes that impact the tax incentives related to cost segregation, EPAct 179D certification, and R&D tax credits. Additionally, panelists will review changes implemented by the recent guidance. Our experts will also cover the changes, challenges, and discrepancies related to the CARES Act, as well as discuss practical examples of how the rules are to be applied in this unprecedented era of change, uncertainty—and opportunity. Finally, accounting industry experts will discuss changes and trends in real estate. Attendees will meet a panel of specialists that can support a team approach to securing sophisticated tax solutions for their clients.

This program places a heavy emphasis on case studies and illustrations.

Highlights

Sessions Include:

  • Trends in Practice Management and Construction
  • Tax-Centric Management of Your Real Estate Assets: From Acquisition to Disposition - Drill Down with the Experts
  • Real Life Case Studies:  Overcoming Myths; Planning Strategies
  • State-Specific or Economic Outlook Panel Discussion.,and additional Q&A (to be confirmed soon!)

Prerequisites

Basic understanding of tax credits and cost segregation.

Designed For

Tax, accounting, real estate and business professionals who are seeking strategies to mitigate taxes and maximize cash flow from their real estate assets (commercial and multi-family). Special emphasis on the needs of chief financial officers, corporate tax directors, controllers and CPAs in industry.

Objectives

  • Prepare for tax planning under the new administration: Anticipated legislation and year-end tax planning.
  • Understand the changes brought on by the CARES Act and its impact on provisions of TCJA.
  • Learn about the challenges and discrepancies related to tax updates and changes.
  • Help clients prepare for the looming property tax crisis.
  • Establish an understanding of the technical application through review of practical examples.
  • Understand the impact of tax reform and the strategies available to utilize the new applications.
  • Learn the best ways to collaborate with other professionals and how to incorporate the Team Approach into your daily work routine today.

Notice

By registering for this program and, accordingly, receiving the eMaterials, you're acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.

Thursday, June 3

General Session

8:30am - 8:55am Trends in Practice Management and Construction

Presented by:  Greg Bryant, CCSP - Managing Partner, Bedford Cost Segregation

"Life Cycle of Real Estate"

Presented by:  Rick Telberg - Editor in Chief, CPA Trendlines

"Hard Trends in CPA Practice Management, Real Estate and Construction"

Rick will discuss PPP, new office design in remote-work era, new tax rates post-election (current and potential), and the results of CPA Trendlines Benchmarking Study and CPA/ Wealth Advisor Confidence Survey™.

 

General Session

9:00am - 10:50am Tax-Centric Management of Your Real Estate Assets: From Acquisition to Disposition - Drill Down with the Experts

Presented by:  Greg Bryant, CCSP - Managing Partner, Bedford Cost Segregation

"Cost Segregation and Beyond with TPRs"

 

Presented by:  Karen Koch, CPA, MT - Partner, Bedford Cost Segregation

"Application of Tax Incentives for Cash Flow Related to Energy"

 

Presented by:  Stephen Lukinowich, CPA, PFS, CVA - Partner, MCM CPAs & Advisors, LLP

"Structuring Entities and Real Estate Elections"

Includes discussion of 163(j) and treatment for PPP loans.

 

Presented by:  Andy Ackermann, CPA, CVA - Partner, MCM CPAs & Advisors, LLP

"Historic and Low-Income Housing Tax Credits"

 

Presented by:  Josh Malancuk, CPA, CMI - President, JM Tax Advocates

"Economic Incentives and Covid Property Tax Crisis"

General Session

11:00am - 11:25am Real Life Case Studies: Overcoming Myths; Planning Strategies

"Turnkey Case Study - How Cost Seg, Repair Studeies and 179D Work Together, including Common Misconceptions"

Presented by:  Greg Bryant, CCSP - Managing Partner, Bedford Cost Segregation and Karen Koch, CPA, MT - Partner, Bedford Cost Segregation

“Can Opportunity Zone Investors Further Enhance Deductions with Cost Segregation Studies?”

Presented by:  Blake Christian, CPA/MBT - Partner, HCVT, LLC

 “R&D Tax Credits in the Construction Industry”

Presented by:  Max Vignola, CCSP - Director of Tax & R&D Services, Bedford Cost Segregation

 “179D for Primary Designers”

Presented by:  Karen Koch, CPA, MT - Partner, Bedford Cost Segregation

 

General Session

12:00pm - 12:30pm Economic Outlook Panel Discussion and Q&A

Leader(s):

Leaders

Andy Ackermann

Andy Ackermann, CPA, CVA

Andy is a partner in our firm’s Tax Services Department with more than 15 years of experience. His client focus is in multi-state, affordable housing and community development, with emphasis in low-income housing tax credits, historic tax credits, and new market tax credits. Andy also has significant experience on entrepreneurial and start-up businesses.

Highlights:

Education and Certifications: Hanover College – Bachelor of Arts (emphasis in Accounting) Certified Public Accountant Certified Valuation Analyst

Professional and Community Associations Member, American Institute of Certified Public Accountants Member, Kentucky Society of Certified Public Accountants Member, National Association of Certified Valuation Analysts (NACVA), Salt Lake City Former Finance Committee Chair, Salvation Army Former Treasurer, Venture Club of Louisville Board Member, Treasurer, Philip Hayden Foundation Service Director, Southeast Christian Church Board Member, Barnabas Care Ministry

Awards and Recognition Kentucky Commercial Real Estate Conference, 2015 – 2019 Choice of Entity – A Tax Perspective, University of Louisville New Market Tax Credits, Kentucky Society of CPAs, Real Estate Conference 2017 Accounting 101, Small Business Development Center Starting a Business, ONE Southern Indiana Small Business Conference Year End Tax Planning 2009, Kentucky Society of CPAs

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Blake Christian

Blake E. Christian, CPA, MBT Partner

Blake brings over 35 years of experience providing tax consulting and compliance services to clients that include multinational, publicly-traded corporations, as well as closely held owner-managed businesses. Throughout his entire career, Blake has specialized in federal, state, and local tax incentive programs. Blake is leading the firm’s efforts in providing tax consulting services for Qualified Opportunity Zones. Blake and the HCVT OZ Team have been involved in the formation of over 50 Qualified Opportunity Funds and over 50 Qualified Opportunity Zone Businesses. They have also advised hundreds of other investors and professionals regarding the complexities of formation, operation, semi-annual testing and restructuring of QOFs and QOZBs.

As a thought leader, Blake has been recently interviewed by US News and World Reports and other national publications providing insights into this powerful, yet complex, tax incentive program and has authored several articles and HCVT Tax Alerts about Qualified Opportunity Zones (OZ) and Qualified Opportunity Funds. Blake has developed unique insights into OZ strategies for real estate developers and investors, as well as for operating business start-ups and expansions. In addition to tax incentive consulting, Blake provides partnership and individual tax planning and compliance services. His industry experience is broad and includes manufacturing and distribution, service companies, restaurant, shipping and transportation, energy, and healthcare.

Blake joined HCVT to open the firm’s Long Beach office over 25 years ago and opened the firm’s Park City, Utah office in 2014. Blake has served, in leadership positions on numerous community boards including the Long Beach Community Foundation as Vice-Chair, Cal State Long Beach Ukleja Center for Ethical Leadership Governing Council, and the Long Beach Rotary where he served as president. Blake is also an active member of the Long Beach Area Chamber of Commerce and served as chairperson and is a regular member of the Park City Rotary Club, The Egyptian Theater, and the Park City Chamber of Commerce. Blake was named as one of the Top 10 California Accounting Professionals in 2015 and 2014. The Long Beach Chamber of Commerce awarded Blake the 2016 Community Spirit Award for his economic development work and leadership in the California Enterprise Zone program. He was recently named as a 2020 Top 25 National OZ Influencer and a Top 25 OZ Tax Specialist by OpportunityZone.com.

Blake is a frequent contributor to leading industry-related publications. TaxConnections.com named Blake as one of the Top 50 Tax Bloggers in the US. Blake has been a contributing columnist for the AICPA CPA Insider, a past columnist for the AICPA Corporate Tax Insider Newsletter and is a regular contributor to the Long Beach Business Journal as well as numerous other publications. He has lectured at a number of universities, including the University of Southern California (MBT Program) and California State University Long Beach (Annual Tax Conference), BYU and the University of Utah, as well as various business and tax forums throughout the country. Blake has also been a technical resource for many news organizations, including USA Today, Los Angeles Times, Press-Telegram, KTLA News, Park City TV, KNX NewsRadio, and KFI Radio KPCW.

Blake began his career at KPMG LLP and was admitted to its partnership. Blake holds a master’s of taxation from the University of Southern California and a bachelor’s degree in accounting and a minor in finance from California State University, Long Beach. Active in both the Long Beach and Park City communities. Blake supports the fundraising efforts of LB and PC Rotary, the LB and PC Community Foundations, Plant LB, The Egyptian Theater/Save Our Stage, and the National Ability Center.

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Greg Bryant

Greg Bryant, CCSP Managing Partner

As Managing Partner of Bedford, Greg has successfully established the firm as a recognized industry leader, guiding Bedford to the completion of more than 13,500 Cost Segregation studies, covering a wide range of property types and sizes. Under his leadership, Bedford has grown to a full time staff of more than 50 and remains at the forefront of the Cost Segregation services field, providing engineering-based studies to hundreds of real estate owners and accounting firms nationwide. As Bedford looks towards the future, Greg is positioning the company to play a significant role throughout the real estate life cycle with a focus on innovative consulting services to maximize depreciation, tax credits and other financial incentives for sustainable real estate holdings.

Combining experience in development, construction and engineering for more than three decades, Greg has a broad understanding of the commercial real estate industry, ranging from project conceptualization through construction and asset management. Prior to co-founding Bedford, Greg was senior vice president for EMG, one of the nation’s largest real estate consulting firms. While at EMG, he was in charge of new program development and implementation, serving real estate owners nationwide. Greg has also held senior management positions with development and construction companies where he has personally been responsible for the construction and management of commercial and retail properties in excess of five million square feet throughout North America.

A graduate of Dawson College, Greg has also completed specialized real estate studies at the University of Texas at Arlington and Loyola University in Baltimore, MD.

Greg is a Certified member and past president of the American Society of Cost Segregation Professionals (ASCSP), a nonprofit professional organization, where he has served as a member of the Board of Directors and Technical Standards Committee, and former co-chair of the Testing Committee. Greg is a member of International Council of Shopping Centers (ICSC), where he has served on the faculty for the University of Shopping Centers School of Finance, Accounting, and Lease Administration. Greg is also a licensed real estate broker in the state of New Hampshire. He has also a recognized subject matter speaker and has provided continuing education to thousands of CPAs nationwide.

Greg served his community as a member of the Board of Directors of YMCA Camp Coniston, where he applied his knowledge and expertise in real estate as chairperson of the Facilities Committee.

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Joshua Malancuk

Joshua Malancuk, CPA, CMI President

Josh is a state property tax specialist who has significant experience with delivering property tax reduction opportunities in the areas of real and personal property tax reviews, compliance, and economic incentives.

He brings extensive experience in real and personal property tax appeal advocacy, real estate appraisal and testimony, economic incentive procurement and audits, property tax compliance planning and delivery, business combination property tax due diligence and research, fixed asset reviews and planning, property tax accrual reviews and planned value estimates, and Sarbox 404 property tax compliance control evaluation.

Josh is currently the President of JM Tax Advocates LLC, in Indianapolis, IN. Prior to that, he gained 20 years of property tax experience in public accounting including serving as an Executive and National Practice Leader with Crowe Horwath LLP, as a Director with PricewaterhouseCoopers, as Manager with Deloitte & Touche, and as a Senior Associate with Geo S. Olive.

Josh has taught at the Institute for Professionals in Taxation. He has been a speaker for the National Symposium regarding FAS 141 and Property Tax Consequences of Business Combinations as well as the National Business Institute of Indianapolis, IN regarding Indiana Property Tax Updates and is active in the Indiana Chamber in Indianapolis and the Indiana Manufacturers Association.

Josh holds a Bachelors of Science from Indiana University in Business Accounting.

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Karen Koch

Karen J. Koch, CPA, MT is a recognized expert in tax treatment of fixed assets for commercial real estate and tax incen¬tives for energy efficient real estate, who has worked in public accounting and private industry for more than 25 years. In 2012, Karen started her own tax consulting practice to serve as a resource to support the accounting framework for accelerated cash flow and energy incentives. Karen has expanded her partner role with Bedford Cost Segregation, LLC to build the Midwest region and a national focus to incorporate the in-house Bedford engineering expertise to support unique tax solu¬tions to the end user, professional consulting firms working in the energy industry, and CPA firms.

As a Certified Public Accountant with a Masters in Taxation and an in-depth understanding of the engineering process, Karen creates unique planning strategies for a wide array of clients. She is particularly qualified to assist both internal and external accounting teams, delivering solutions throughout the real estate life cycle; seamlessly integrating fixed asset analysis and enhanced cost segregation studies with tax incentives for energy efficient building improvements to produce immediate and recurring financial benefits for clients nationwide.

As a resource for a global manufacturer of energy efficient lighting, Karen works directly with system and solution teams to assist their customers and CPAs to secure tax incentives. She continues to play an influential role working with CPA firms to build revenue streams focused on commercial real estate clients and provide continuing education to increase the firm’s expertise. Karen’s experiences have furthered her commitment to building solid business relationships by delivering excellent personal service with long lasting financial benefits.

Karen gained significant industry expertise working at Crowe Horwath (formerly Crowe Chizek) where she specialized in tax compliance and consulting for middle market companies and high-wealth individuals and was an integral part of the firm’s cost segregation practice.

Karen has lectured extensively on cost segregation and related tax-planning strategies for numerous industry groups and associations including the American Institute of Certified Public Accountants (AICPA), CREW Network, and numerous state CPA societies. She continues to provide regular in-house training to accounting firms throughout the United States.

Her Professional Memberships Include: American Institute of Certified Public Accountants (AICPA) Member AICPA Energy Tax Policy Task Force Women in Commercial Real Estate (WCRE), formerly CREW Board of Directors WCRE Louisville, Chapter Delegate, and past member CREW Finance Committee Kentucky Society of Certified Public Accountants (KYCPA) United States Green Building Council (USGBC) Kentucky Society of CPA – Real Estate Committee

Her Professional Honors Include: 2009 CPA Magazine’s Top 40 Tax Advisors to Know During a Recession Women Into Leadership – Crowe Chizek

She has a BS in Accounting from the University of Virginia and a Master of Taxation from Old Dominion University. Her civic involvement includes: BeFriender Ministry Leader Council Member Christ Lutheran Church

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Max Vignola

Max Vignola, CCSP Director of Tax and R&D Services

As Director of Tax and R&D Services at Bedford, Max is responsible for tax reviews and report certifications, ensuring that Bedford’s Cost Segregation studies are based on an appropriate interpretation of tax law and current IRS pronouncements. Additionally, Max is in charge of leading Bedford’s Research and Development Tax Credit division.

Max has over 8 years’ experience in the field of tax. Prior to joining Bedford, Max held roles in both the public and private sectors of tax. During the first four years of Max’s tax career he focused on cost segregation and tax consulting services while working at one of the Big 4 accounting firms in Boston, MA. In his time in Boston he also gained experience with tax compliance as he regularly helped out on clients return preparation. Following his time in public accounting, Max stepped into a role with a multinational company managing all aspects of their tax compliance allowing him to gain not only U.S. tax compliance experience, but also a variety of International territories also.

Max has a Master Certificate in forensic accounting and a Bachelor of Science in accounting, both from Southern New Hampshire University

Max is a member of the American Society of Cost Segregation Professionals (ASCSP), a nonprofit professional organization.

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Rick Telberg

Rick Telberg Founder and CEO Publisher and Editor Bay Street Group LLC

Rick Telberg is a veteran analyst, advisor, commentator, editor, and publisher. He brings a unique background and perspective to research and advisory services for the professional services community.

Mr. Telberg may well be the accounting profession’s most widely-known commentator through his long associations with the American Institute of Certified Public Accountants, Accounting Today magazine, and today, CPA Trendlines.

As an expert in management, marketing, media and e-commerce, Mr. Telberg has served as Senior Editorial Director of Pro2Net Corp., now www.smartpros.com, and as Director of Online Content at CPA2Biz, www.cpa.com.

Previously, Mr. Telberg served as the early Editor-in-Chief of Accounting Today, and as Vice President/Group Publisher at Thomson Financial (now SourceMedia), overseeing Practical Accountant, Accounting Technology, and what is now AccountingToday.com.

Mr. Telberg was presented with a special citation by the National Society of Accountants for service to the profession and has served on a variety of boards and steering committees, including BKR International and the IBM Small Business Advisory Council. He is a graduate of New York University.

At CPA Trendlines, Mr. Telberg has gathered an elite team of professionals, including Glenn Alan Cheney, Beth Bellor and John Covaleski as senior editors and research analysts, Thomas Kothman as marketing director and strategic advisor, Jackson Whelan in digital strategies, and Rick Whelan of DittoDoesDesign.com as art director and brand guardian.

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Stephen Lukinovich

Stephen Lukinovich, CPA, PFS, CVA

Stephen Lukinovich serves as Director of the firm’s Real Estate Services Team and TransportationLogistic Services Team and is a member of the Tax Services Department. He is also the Partner-inCharge of the Jeffersonville office. His practice emphasis is providing tax advisory services to real estate businesses, company transition services to small- to middle-market companies, and valuation services in estate and succession planning. Stephen is an active speaker and lecturer on topics related to the real estate industry.

Highlights:

Education and Certifications: University of New Orleans – Bachelor of Science in Accounting Certified Public Accountant (CPA) Personal Financial Specialist (PFS) Certified Valuation Analyst (CVA) Series 7 and 66 Licenses Indiana and Kentucky Life Insurance Licenses

Professional and Community Associations: Former Chair, March of Dimes REACH Awards Co-Founder, Midwest Opportunity Zone Former Board Member, Chamber of Commerce of Harrison County, Indiana Member, Indiana Society of CPAs Member, American Institute of Certified Public Accountants Past President, Kentucky Society of Certified Public Accountants Former Chair, Small Business Development, Federal Taxation, Firm Development and Administration Committees, KyCPA Former Trustee, Kentucky Institute on Federal Taxation, Inc. Alumni, Leadership Southern Indiana Member, One Southern Indiana Economic Development Council Firm Member, U.S. Green Building Council Former Trustee, KyCPA, Education Foundation Treasurer, CCIM – Kentucky Chapter Former Board Member and Officer / Treasurer, Venture Connectors of Louisville, Inc. Treasurer, Real Estate Venture Exchange (REVE) Member, GLI Bi-State Committee Member, Conexus Indiana Logistics Southeast Regional Council Treasurer, Urban Land Institute, Kentucky Chair, Metro United Way Southern Indiana Campaign

Awards and Recognition: 2018 Kightlinger & Gray, LLP Sam Day Professional of the Year ACE Award, One Southern Indiana 2008 Outstanding Chair, KyCPA Small Business Committee 2004 Outstanding Chair, KyCPA Firm Development and Administration Committee

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Non-Member Price $139.00

Member Price $99.00