Advise RE Blog – Real Estate Tax Insights from Advise RE

Why SB 79 Could Make Your Lot Worth More Than Your House

Why SB 79 Could Make Your Lot Worth More Than Your House

Compare selling your land, building homes for sale, or holding rentals to evaluate your SB 79 opportunity after taxes. Correction at 0:52: I said "up to 30 homes per acre." Under SB 79, 30 dwelling units per acre is generally a minimum, not a maximum. A higher local...

Why I Walked Away From a Los Angeles Multifamily Deal

Why I Walked Away From a Los Angeles Multifamily Deal

Learn how rent-history due diligence exposed inflated income before a buyer closed on a Los Angeles rent-controlled building. A tenant notice revealed a 7% rent increase against the 3% limit described in this acquisition case. That discrepancy raised questions about...

Why New Construction Defects Can Take Years to Show Up

Why New Construction Defects Can Take Years to Show Up

Catch contractor insurance exclusions before closing, using the policy review that stopped a Los Angeles fourplex purchase on page 85. A new building can pass a physical inspection yet raise serious insurance concerns. This deal shows why new construction multifamily...

Why the LLC Sale Trick Won’t Beat LA’s Mansion Tax

Why the LLC Sale Trick Won’t Beat LA’s Mansion Tax

Measure ULA can cost you $200,000+ on a single sale, and the popular LLC loophole almost certainly won't save you. Stephen Morris discusses Measure ULA, the risks of assuming an LLC sale avoids transfer tax, and the importance of modeling transfer costs. See the dated...

How Property Location Kills Your Depreciation Deduction

How Property Location Kills Your Depreciation Deduction

Find out exactly when a cost segregation study pays off and when to skip it, using a simple land-to-building allocation test. [00:00] Why cost seg is NOT always a no-brainer [00:19] Land vs. building allocation: the first filter [00:43] Location matters: coastal vs....

Protect Your Children’s Inheritance from Divorce & Creditors

Protect Your Children’s Inheritance from Divorce & Creditors

Most real estate investors don't realize their children's inheritance can be wiped out by a divorce — here's how irrevocable trusts and LLCs stop that from happening in California. Stephen Morris sits down with Ashton Asher of the Asher Law Group to break down the...