On Thursday, Feb. 21, California State University, Long Beach (CSULB) and co-sponsor Bank of the West will present a seminar entitled “Real Estate Exit Strategies” at the Old Ranch Country Club, located at 3901 Lampson Avenue in Seal Beach. Check-in begins at 11:30 a.m. with the program starting at noon.
Presented by the Office of Estate and Gift Planning, the registration fee of $25 includes lunch as well as a talk given by Carol P. Schaner, a partner in the Newport Beach office of Gordon & Rees LLP, which specializes in taxation, estate planning, nonprofit organizations and charitable giving.
Schaner is a certified taxation specialist, LL.M., J.D., CPA, and has written, lectured and advised individuals, executives, entrepreneurs and philanthropists for more than 25 years. She received a bachelor’s degree from Cornell University, and a J.D. and master of laws of taxation from University of San Diego School of Law. In addition, Schaner is an adjunct faculty member at Chapman University School of Law, teaching courses on federal estate and gift taxation, and nonprofit organizations.
Her presentation will cover how to exit the 1031 exchange cycle using philanthropy, and the seminar will focus on the many ways to make gifts of real estate with each option affording many attractive benefits. Some of the options permit one to live in the property for a lifetime while providing an income and charitable income tax deduction.
The seminar is designed for individuals who own two or more properties and are avoiding selling because of capital gains and loss of the rental income. It is also intended for certified public accountants, attorneys, certified financial planners and real estate brokers to inform them about how to gift real estate. In addition, the seminar provides continuing educational credits to professionals who attend.
Those interested can register by calling Noemi Guevara at (562) 985-1662 or visit www.csulb.edu/plannedgiving.
