by Stephen Morris, CPA, MBT, CCIM | Oct 14, 2026 | Uncategorized
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...
by Stephen Morris, CPA, MBT, CCIM | Sep 17, 2026 | Real Estate
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...
by Stephen Morris, CPA, MBT, CCIM | Sep 4, 2026 | Tax Strategies
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...
by Stephen Morris, CPA, MBT, CCIM | Aug 12, 2026 | Real Estate, Tax Strategies
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....
by Stephen Morris, CPA, MBT, CCIM | Jun 29, 2026 | Tax Strategies
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...
