Charles S. Nelson

Partner

P: 212-903-8725

Charles S. Nelson focuses on transactional tax matters, particularly the taxation of partnerships and real estate transactions.

He has substantial experience advising clients on a wide variety of federal income tax issues, including those involving partnership transactions, real estate investment trusts, historic rehabilitation tax credits, debt workouts, tax-free split ups, section 467 lease agreements, and charitable contributions, among others. He also has considerable experience with New York real estate transfer taxes. He is the co-author of a bimonthly column on Real Estate Taxation in the New York Law Journal.

Education

Harvard Law School, J.D., cum laude
Denison University, B.A., summa cum laude, Phi Beta Kappa

Admissions

New York

News & Insights

April 22, 2026
Publications

Treasury Issues Proposed Regulations on the Taxation of Foreign Governments

Ezra Dyckman, Charles S. Nelson
New York Law Journal

Ezra Dyckman and Charles Nelson explain how the new proposed regulations provide important guidance on the U.S. income tax consequences of those investments.

February24, 2026
Publications

New Law Limits Investment Interest Expense Deductions

Ezra Dyckman, Charles S. Nelson
New York Law Journal

Ezra Dyckman and Charles Nelson explain how a new federal tax law limits deductions for investment interest expenses.

December 23, 2025
Publications

Holiday Bonus: OBBBA Expands Bonus Depreciation Rules

Ezra Dyckman, Charles S. Nelson
New York Law Journal

Ezra Dyckman and Charles Nelson explain how the new federal tax law expands bonus depreciation opportunities but caution that the rules can be complicated and may not help all taxpayers as much as expected.

October 22, 2025
Publications

Disallowance of Excess Business Losses Made Permanent

Ezra Dyckman, Charles S. Nelson
New York Law Journal

In their latest article for the New York Law Journal, Ezra Dyckman and Charles S. Nelson write about how one often-overlooked provision that was made permanent by the OBBBA could have a significant negative impact on certain taxpayers, particularly those in the rental real estate industry.

06/25/2025
Publications

Tax Legislation Could Significantly Harm Foreign Investors

Ezra Dyckman, Charles S. Nelson

This article discusses proposed Code Section 899, a new provision contained in tax legislation being considered in Congress that would impose increased income tax rates and other adverse tax consequences on residents of certain discriminatory foreign countries.

4/23/2025
Publications

Cancellation of Indebtedness: A Good Thing?

Ezra Dyckman, Charles S. Nelson
New York Law Journal

This article provides an overview of cancellation-of-indebtedness income and discusses a recent case involving Form 1099-C reporting requirements.

02/26/2025
Publications

Shifting Sands: Treasury Finalizes Regulations on Partnership Basis Shifting

Ezra Dyckman, Charles S. Nelson
New York Law Journal

This article discusses final regulations issued by the Treasury Department on January 14, 2025, which impose reporting requirements for certain transactions involving partnership basis adjustments.