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Why I Specialize in Both Tax and Real Estate as a CPA and Investor

Why I Specialize in Both Tax and Real Estate as a CPA and Investor

by Stephen Morris, CPA, MBT, CCIM | Mar 27, 2023 | Uncategorized

In this post, I want to discuss with you some questions I’ve gotten over the years about why I work as a real estate CPA as well as an investor and broker of property. If any of you know me, then you’ve probably heard me repeat over and over again that I believe real...
Stop Forming LLCs So Quickly! Especially in California (PSA)

Stop Forming LLCs So Quickly! Especially in California (PSA)

by Stephen Morris, CPA, MBT, CCIM | Mar 20, 2023 | Uncategorized

This will be a quick PSA to everyone, including my clients and the general public, about the need to form Limited Liability Companies “LLCs,” especially in California. LLCs are great legal vehicles to protect your business venture. As long as you properly maintain a...
My Thoughts on ChatGPT and Tax Planning

My Thoughts on ChatGPT and Tax Planning

by Stephen Morris, CPA, MBT, CCIM | Mar 16, 2023 | Uncategorized

I think ChatGPT is a great tool that can help you crank out letters, essays, and do some research. Coincidentally, it also does some decent tax research and can help you identify some areas of the Internal Revenue Code and give you the answers on how the laws work....
Why you need to rethink your relationship with property management

Why you need to rethink your relationship with property management

by Stephen Morris, CPA, MBT, CCIM | Mar 9, 2023 | Real Estate

This article is specifically targeted to you small mom and pop landlords, but also you folks who want to jump into building wealth through real estate should take note. I want to address the following areas — what to look for in a property manager and the impact of...
The Millionaires Are Leaving! (But it’s not for the reason you think)

The Millionaires Are Leaving! (But it’s not for the reason you think)

by Stephen Morris, CPA, MBT, CCIM | Mar 3, 2023 | Uncategorized

I read an interesting report, linked below, yesterday which talked about the migration patterns of millionaires from the USA (which sounds like birds were being studied). The short of it is that there’s been a net out migration of millionaires in the US (that is, the...
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