Pillsbury on Real Estate
James M. Grosser
Mr. Grosser is a partner in the law firm's Tax practice and is located in the Washington, DC office. He focuses on the taxation of partnerships and limited liability companies and in state and local taxation. Mr. Grosser regularly advises clients on negotiating and structuring limited risk investments in real estate ventures, including ventures qualifying for the federal low-income housing tax credit and the federal rehabilitation tax credit. He has extensive experience representing investors in tax credit transactions involving guaranteed and nonguaranteed private investment funds, portfolio acquisitions and individual property acquisitions by investment funds. He has handled numerous transactions involving the federal rehabilitation tax credit, including transactions involving for-profit developers, government instrumentalities, and tax-exempt developers.
In the area of state and local taxation, Mr. Grosser advises clients with respect to a range of state and local tax issues, including income and franchise tax, sales and use tax, real property transfer tax, personal property tax, and tax credits and incentives. He has advised clients regarding the state and local tax consequence of a variety of business transactions, including transactions involving software and e-commerce, outsourcing, aircraft, and real property, and has obtained administrative rulings on behalf of clients. He has also represented clients in resolving tax controversies through administrative proceedings and by voluntary disclosure through the Multistate Tax Commission's National Nexus Program. Mr. Grosser has represented taxpayers in administrative proceedings before the Internal Revenue Service and in litigation before the U.S. Tax Court.
In addition to his substantive legal background, Mr. Grosser has extensive experience in designing and managing customized web-based extranets to provide clients with 24/7 access to documents and issues in complex commercial transactions.
American Bar Association; District of Columbia Bar Association; Maryland Bar Association