What are the tax implications of the Unison lease conversion?
Unison’s lease conversion has been carefully structured to qualify in most cases for capital gains treatment, as well as the 1031 Like-Kind Exchange (which defers tax liability indefinitely into the future, until you or your heirs take the investment out of real-estate form). We can provide basic guidance on standard tax treatment of our transaction; however, your accountant or tax advisor remains your best and final resource for tax advice.