Daniel L. Kraus concentrates his practice on flow-through entity taxation, taxation of real estate investments, affordable housing and community development, historic and new markets tax credits, start-up and growth-oriented investments, tax controversy, and litigation.
As a result of his representation of national syndicators and developers of low-income housing tax credit and historic tax credit projects, Dan has been involved in the planning and review of more than 1,000 tax credit transactions. He is also involved in the structuring of several new markets tax credit syndication, loan and investment programs.
Dan is a frequent lecturer on issues involving partnership taxation, syndications of low-income housing projects, historic tax credit projects, corporate investment in low-income housing, the new markets tax credit and the Illinois donations tax credit.
Areas of Concentration
· Federal taxation
· Affordable housing
· New markets tax credits
· Historic tax credits
· Tax controversies
· Tax litigation
· Community development
Professional & Community Involvement
· Vice President, Board of Directors, The Affordable Housing Tax Credit Coalition, 2010
· Chair, Tax Credit Syndication Section of the American Bar Association's Forum Committee on Affordable Housing and Community Development Law
· Former Faculty Member, Graduate Program in Real Estate Law at the John Marshall Law School
Awards & Recognition
· Listed, Leading Lawyers Network, 2005-2013
· Rated, AV Preeminent® 5.0 out of 5
Articles, Publications, & Lectures
· Author, "Getting WAP'ed with Tax on Weatherization Assistance Program Grants," Tax Credit Transactions Corner, November/December 2011
· Co-Author, "The Internal Revenue Code's Housing Program: Section 42," The Tax Lawyer,Winter 1991
· Co-Author, "The ABCs of the Low Income Housing Tax Credit," Real Estate Accounting & Taxation, Spring 1991