Elie Zolty focuses his practice on the tax aspects of onshore and offshore investment funds, private equity partnerships, real estate investment trusts (REITs) and real estate joint ventures. He represents investment managers in connection with the formation of funds and their ongoing operations, as well as sales of their investment management businesses. He also represents real estate sponsors in connection with operations, restructurings and workouts. A published author, Elie recently contributed to “United States Fundraising” in The Private Equity Review, published by Law Business Research and he co-authored “PATH Act: Recently Enacted Legislation Modifies the FIRPTA and REIT Rules,” an SRZ Alert

Publications

“New Proposed Regulations Would Affect the Taxation of Foreign Investors in U.S. Real Estate,” SRZ Alert, Jan. 6, 2023

“Voya Financial’s Acquisition of Czech Asset Management, Global Legal Chronicle, Aug. 9, 2022 (featured)

Tax Update: IRS and New York State Delay April 15 Income Tax Return Filing and Tax Payment (Uncapped) Deadlines Until July 15 (COVID-19),” SRZ AlertApril 3, 2020

“United States Fundraising,” The Private Equity Review (Law Business Research Ltd.), 2014-2017 (contributor) 

“PATH Act: Recently Enacted Legislation Modifies the FIRPTA and REIT Rules,” SRZ Alert, Jan. 28, 2016 (co-author)

Speaking Engagements

“Nuts & Bolts of Private Funds” and "What Profits? Gross Income Allocations for Carried Interest/Performance Allocations in Private Funds,” ABA's 2023 May Tax Meeting, May 2023

“Tax Update,” SRZ 32nd Annual Private Investment Funds Seminar, January 2023

“Tax” and “Fund Terms,” SRZ 31st Annual Private Investment Funds Seminar, January 2022

“Tax,” SRZ 30th Annual Private Investment Funds Seminar, January 2021

“Private Investments” and Tax,” SRZ 29th Annual Private Investment Funds Seminar, New York, January 2020

“Tax Considerations for 2019,” SRZ 28th Annual Private Investment Funds Seminar, New York, January 2019

SRZ Luncheon for Investment Manager Tax Professionals, December 2018

Regulatory and Tax,” SRZ 6th Annual Private Equity Fund Conference, May 2018

“Tax Considerations for 2018,” SRZ 27th Annual Private Investment Funds Seminar, New York, January 2018

SRZ Luncheon for Investment Manager Tax Professionals, New York, May 2016 

“New Partnership Audit Rules,” SRZ Webinar, November 2015