Doug Becker provides tax advice and tax planning with the goal of delivering practical and effective strategies for tax minimization in real estate, corporate and business transactions, and on an overall company basis. In addition to his tax practice, Doug provides advice and counsel to closely-held business clients in all stages of organizing and operating a business.
Doug’s tax practice covers a broad range of areas. He provides tax advice and tax planning in connection with all aspects of real estate, including contributions of real estate to partnerships and LLCs, real estate joint ventures, structuring real estate transactions to achieve capital gains, real estate purchases and sales, leases, land banking (a/k/a Bramblett transactions), like-kind exchanges, involuntary conversions, application of passive activity loss rules, partnership and LLC special allocations, granting compensatory and non-compensatory profits interests and options, and dealing with distressed real estate issues such as foreclosures, cancellation of indebtedness income, and modification of debt instruments. Similar tax advice and tax planning is provided for business operations and various business transactions, such as tax planning for mergers, acquisitions, and other reorganizations and providing tax planning and advice on the taxation of electronic commerce and state and local tax matters, including sales and use tax.
Doug also regularly provides business clients with day-to-day legal advice on all aspects of corporate, partnership, and limited liability company operations, including contract and licensing negotiations and preparation, advice on management duties and responsibilities, liability protection, electronic commerce, employment agreements, and structuring and documenting compensation and stock plans. A particular focus is on working with entrepreneurs and promoters in organizing entities, including determining the choice of entity in which to conduct the venture, negotiating and documenting the joint venture, partnership, or limited liability company agreement, and advising and preparing buy-sell and shareholder agreements for the owners. Doug also negotiates, structures, and implements business transactions, including real estate joint ventures, purchases and sales of business, mergers and acquisitions, and reorganizations. He also assists clients with private equity and bank financing.
In addition, Doug provides advice and counsel to nonprofit and tax exempt organizations in all phases of their life cycle, including structuring and forming the organization, obtaining federal tax-exempt status, advising on unrelated business income tax issues, organizing for-profit and fundraising subsidiaries and affiliates, and providing day-to-day advice and counsel on contract, operations, and tax matters.
Doug is the senior tax attorney at Otten Johnson, serving as the chair of the Business Transactions & Tax practice group. Prior to practicing law, Doug practiced accounting as a CPA.