by Stephen Morris, CPA, MBT, CCIM | Sep 13, 2023 | Real Estate, Tax Strategies
Navigating the intricate waters of taxation can be daunting, and amongst these intricacies lies the concept of passive activity losses (PALs). Often heard but rarely understood, PALs play a pivotal role in the tax arena, especially for those engaged in multiple...
by Stephen Morris, CPA, MBT, CCIM | Aug 22, 2023 | Real Estate
If you know me, then you probably have heard me say repeatedly how patience in the real estate investing world is truly the only way to succeed. In fact, I’d argue that making choices that benefit you in the long term work out for you not only in real estate...
by Stephen Morris, CPA, MBT, CCIM | Aug 17, 2023 | Real Estate
Let’s go over some of the different forms of holding property since there are several different ways to hold interests and the manner of your holding can alter the tax outcome from both an income and estate perspective. Fee Simple: Representing the most comprehensive...
by Stephen Morris, CPA, MBT, CCIM | Aug 8, 2023 | Tax Strategies
This article is going to sound a bit like heresy, especially in the world of tax advisory but since I tend to wear two hats in my life as an investor and as a tax advisor, I’m always keen to emphasize and strike a balance between the two. Today we’ll be discussing why...
by Stephen Morris, CPA, MBT, CCIM | Jul 26, 2023 | Real Estate, Tax Strategies
This week we’ll dive into some more technical areas of real estate tax law. As you may know, real estate taxation is mostly governed around court cases and a mish mash of revenue rulings, regulations, and other common/best practices. However, one area of tax law...
