Kurt Magette

• Northwestern University Law School (J.D., cum laude, 1983) Highest ten percent
• Duke University, Durham, North Carolina (A.B., Management Science/Accounting, magna cum laude, 1980) Highest ten percent, Martin L. Black Scholarship for top two accounting majors

• Virginia

General Business Matters

• Formation, mergers, consolidations, reorganizations, disposition, transfers, and liquidations of all business entities
• Buy-sell agreements: drafting and execution
• Resolution of partner and other owner disputes
• Capital (equity, debt, and hybrid) acquisition and structuring

Real Estate Tax Matters

• Like-kind exchanges.
• Opportunity Zone Fund transactions.
• Federal and Virginia Historic & Low-Income Housing Tax Credits
• Formation or reorganization for liability protection and tax-efficient structuring
• Capital (equity, debt, and hybrid) acquisition and structuring

Tax Partnerships (GP, LP, LLP, LLC, and PLC); S Corporations; Regular (C) Corporations; (Public and Closely-Held); REITs

• Basic structuring of entities and single member LLCs
• Complex allocation and liability allocation matters
• Designing and implementing incentive equity interests
• Simple and complex designs for capital acquisition (equity, debt, and hybrid)
• Transition planning for owners to family or employees
• Establishing and maintaining charitable Section 501(c)(3) status
• S corp issues related to restrictions on their structure, operation, and liquidation

• Best Lawyers in America 2016-2020 for Corporate Law
• Best Lawyers in America 2018-2020 for Real Estate Law
• Virginia Business magazine's Legal Elite
• Rated AV Preeminent by Martindale-Hubbell

• "Carried Interest in a Tax Partnership: Reflection, Reaction, and Regs," Tax Notes, Vol. 159, No. 4, pp. 491-494, April 23, 2018
• "Letter to IRS Commissioner regarding AM 2007-002 (Federal Treatment of State Historic Credits)," Tax Analysts, February 6, 2007.
• “Using LLC Profits Interest Instead of Corporate Options,” Tax Notes, Vol. 82, No. 3, pp. 355-358; January 18, 1999
• “Intellectual Use of a Virginia LC”; IPLS NewsLine; Summer Quarter, 1996
• Co-Author, “Choice of Business Entity,” Taxation of Individuals Vol. 12, No. 1, pp. 38-65 (Winter, 1988)
• Co-Author, “Subchapter K,” Georgetown Law Journal Vol. 75, No. 2, pp. 423-623 (December, 1986)

Classes

• Virginia Commonwealth University School of Business, Adjunct Professor
• Masters in Accounting Program (Partnership Taxation), 2013-2015
• William and Mary (Marshall-Wythe School of Law), Adjunct Professor
• Partnership Planning, Fall 1999
• LLM Program in Taxation (Partnership and S Corporation Taxation), 1992, 1993, 1994, 1996
• LLM Program in Taxation (International Taxation) 1987

Seminars

• Historic Credits in 2009 or Why Your Deal Will Not Have a Federal Partner, Alliance for Conservation of Old Richmond Neighborhoods Seminar, March 28, 2009
• Family LLCs: Pitfalls, Pratfalls, and Panacea; VSCPA Tax Seminar, July 22, 2003
• Partnership Taxation: Advanced Concepts; VSCPA Tax Seminar, October 30, 2001
• Mergers and Acquisitions: The Modern Merger Manual for the Millennium; First Ever VSCPA Tax Conference, November 2, 2000
• Tax Efficient Business for the New Millennium Selected Topics; Regional Society of CPAs, June 27, 2000
• Sale of a Business: When the Rubber Meets the Road; 52d Annual Virginia Conference on Federal Taxation, June 1-3, 2000
• S Corporations: Driving the Ford Pinto; Advanced S Corporations: Planning Update; Tax Conference; Kansas City, Missouri, October 21, 1999
• Taxation of Divorce Transactions; Sixth Annual VCU-VSCPA Tax Conference; November 15-16, 1984

• Opportunity Zones: Tax Deferral and Exclusion Beyond Like-Kind Exchanges
• Understanding and Maximizing the “Pass-Thru” Deduction
• Using Virginia Historic Tax Credits to Offset the Virginia Bank Franchise Tax
• Resisting the Lure of S Corporations
• Avoiding Dealer Taint for Real Estate
• Historic Rehabilitation Tax Credit Transactions After The Safe Harbor
• Appreciating Assets--Choose the Right Entity
• Conservation Easements, Look Twice and Never Leap
• The IRS Has Kicked Another Hornet's Nest