Event Date: June 16, 2025
John T. Alfonsi, partner at Prosperity Partners, recently served as a featured speaker in a live 110-minute Strafford webinar titled “Purchase Price Allocations in Real Estate Transactions: Categorizing Assets, Minimizing Tax, Preparing Form 8594.”
The session provided in-depth guidance on one of the most nuanced and often contested aspects of real estate tax planning: how the purchase price of a transaction is allocated across various asset categories. These decisions can significantly influence the taxes paid—or saved—by both buyer and seller.
Topics covered included:
- • Categorizing assets under IRC Section 1060• Applying the residual method and preparing Form 8594
• Buyer–seller negotiation dynamics and reporting mismatches
• Strategies for managing IRS scrutiny with proper documentation
• Leveraging Section 338 elections to optimize tax outcomes
This webinar offered practical strategies for tax professionals, legal advisors, and dealmakers involved in real estate transactions, helping them approach allocations with greater confidence and compliance awareness.
Click here to access the recording or learn more about upcoming events featuring Prosperity Partners professionals.