The people behind the
great ideas at MWE.
Scott O’Sullivan, CPA - Partner
Scott O’Sullivan has over 15 years of experience in real estate tax planning, deal structuring, tax accounting, and partnership taxation. At MWE, he is involved with different facets of real estate including acquisitions, financing, debt restructurings and modifications, 1031 exchanges, energy and sustainability related incentives, rehabilitation tax credits, cost segregation studies and other transactions and planning on behalf of prominent real estate developers, investors, property managers, nursing home owners and operators, and other diverse businesses. He joined MWE in 1996 as a senior tax accountant and became a partner in January of 2008.
A widely-recognized authority on real estate taxation, Scott has written several articles that were published in such publications as Real Estate Weekly and the MANN Report and has spoken at numerous events such as "Real Estate Repositioning: A Strategy for the New Economy” as well as the NYC Real Estate Expo; one of the largest events in the real estate industry. Other speaking engagements covered topics such as the impact of the Federal rehabilitation tax credit on NYC real estate, tax incentives within recently passed legislation that benefit owners of repositioned/retrofitted buildings; current trends in structuring leases to maximize tax deductions from both landlord and tenant perspectives; efficiency and solar projects for commercial properties; cancellation of indebtedness income; choice of entity; IRS regulations related to expense vs. capitalization of improvements to tangible property and related tax planning.
Scott holds a Bachelor of Science in Accountancy from Villanova University and a Master of Science in Taxation from Hofstra University. Additionally, he has successfully completed various real estate finance and investment courses at New York University’s School of Continuing & Professional Studies’ Real Estate Institute. He is a member of the American Institute of Certified Public Accountants (AICPA), the Long Island Real Estate Group (LIREG), CoreNet Global and the Pastoral Council of his local Parish. Scott lives in Point Lookout, New York with his wife Maureen and four children.
October 1, 2015: Avenues for Real Estate Tax Savings
November 7, 2013: Energy Efficient Retrofits and Renovations - Tax Incentives
January 19, 2011: Retrofits, Renovations, and Construction Projects - Tax Considerations
- Real Estate Developers Should Possibly Wait on Immediate Tax Law Response
- When Purchasing Loans, Look Beyond Dollars and Cents
- New Regulations Offer Rare Tax Boon for Real Estate Businesses
- Tax Savings Associated With Repositioning, Retrofitting And Greening Of Properties
- Expenditure Structuring in Connection with Tenant Leases
- September 13, 2021IRS Announces Tax Relief for New York & New Jersey Victims of Remnants of Hurricane Ida
Updated September 14, 2021 The IRS has recently announced that victims of remnants of Hurricane Ida that began September 1, 2021, now have until January 3, 2022, to file various individual and business tax returns and make tax payments.
- August 9, 2021Baker Tilly Expands in New York with Acquisition of Margolin, Winer & Evens
NEW YORK (Aug.9, 2021) – Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) announces its intent to acquire New York-based Margolin, Winer & Evens LLP (MWE), one of the largest regional accounting and business advisory firms in the Northeast.
- June 2, 2021How Landlords Can Cope with Pandemic Fallout
How can tenants pay their regular monthly rent bills if they’re out of work?As unemployment skyrocketed due to the COVID-19 pandemic, Congress enacted a series of laws designed to provide relief to renters and protection from potential eviction.
- May 6, 2021The American Families Plan: Here’s What You Should Know About President Biden’s Proposal
President Biden has proposed tax legislation which could significantly impact many individuals and businesses if enacted.In his April 28, 2021 address, President Biden discussed some of the proposals in his $1.8 trillion American Families Plan (AFP), which would make sweeping changes to some of the tax provisions enacted in the Tax Cuts and…
- March 18, 2021New COVID-19-Relief: The American Rescue Plan
On March 11, 2021, President Biden signed the American Rescue Plan (“The Act”) into law. The Act provides $1.9 trillion of relief and is the third COVID-19 bill signed to help Americans since last March.The Act allocates money for stimulus payments and unemployment benefits, vaccines, schools, small businesses, and more. The following is a summary of…