Alfred F. DeLeo

Partner

Overview

Al is a tax lawyer and the head of the firm's Tax Practice. Al was born and raised in New York City, where he began his career as a tax lawyer with one of the major New York City law firms. In 1982, he relocated to California, and he has been practicing tax law in Los Angeles since then.

Income Tax Planning

Al is regularly consulted to structure real estate investments to maximize the client's income tax objectives and to advise clients on the characterization and treatment of transactions and business plans under the income tax laws. He has particular experience in matters involving real estate acquisitions, dispositions, sale-leasebacks, exchanges, co-venturing and development, real estate investment trusts, and tax-exempt entities (including pension funds) and their investments in real estate.

Real Property Tax Planning

Real property tax planning in California is deceptively simple, is subtle at times, but is always important. Sometimes a client wishes to trigger a reassessment. Sometimes the client wishes to avoid one. Al works with clients to maximize their planning objectives and to contest property tax valuations where appropriate.

Al is also proficient in the oft-overlooked California documentary transfer tax. The tax is present to one extent or another everywhere in California and can be a significant component to the economics of a transaction. Al is knowledgeable in matters relating to this tax and assists clients in working through the often unclear rules in different jurisdictions.

Counsel For Complex Tax Controversies

Al has been involved as tax counsel in connection with many major Federal and California income and property tax litigation matters. He also deals regularly with the Internal Revenue Service and the California Franchise Tax Board in connection with income tax and property tax audits.

Publications &
Speaking Engagements

Recent Publications

Recent Speaking Engagements

USC Gould School Of Law 2013 Real Estate Law And Business Forum, 3/7/2013
 

Awards &
Affiliations

Awards & Recognition

  • John and Elizabeth Boalt Lecturer Award, 2013

Professional Affiliations

  • American Bar Association, Taxation Section
  • Los Angeles County Bar Association
  • Adjunct Faculty, University of California, Berkeley Law School (Boalt Hall)

Bar and Court Admissions

  • State Bar of California
  • State Bar of New York (inactive)

Education

  • J.D., George Washington University, 1977, Order of the Coif
  • B.S.L., Georgetown University, 1974, cum laude