Mr. Lipton has handled numerous engagements for clients in structuring real estate transactions, including workouts, tenant-in-common and like-kind exchanges, and providing legal advice relating to tax planning for corporations, partnerships and limited liability companies.
Mr. Lipton also has considerable experience in the areas of real estate investment trusts (REITs), real estate funds and investment in real estate by tax-exempt organizations and foreign investors. He also has expertise in a number of other areas relating to tax law, including tax-exempt organizations and the rules involving UBIT, the tax consequences of bankruptcies and workouts and various tax accounting issues.
Mr. Lipton is the former chair of the Tax Section of the American Bar Association, the Chicago Bar Association Federal Tax Committee, and the American College of Tax Counsel. He is a member of the House of Delegates of the American Bar Association.