by Stephen Morris, CPA, MBT, CCIM | Sep 26, 2023 | Real Estate
This time around, we’re going to shift gears a bit and talk about the most annoying thing every real estate deal maker encounters at least once in their lives, either as the aggressor or the victim. That thing is of course the dreaded “re-trade,” which also known as a...
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 | 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...
by Stephen Morris, CPA, MBT, CCIM | Jul 19, 2023 | Real Estate
Picture this: an enticing property hits the market at a tantalizingly affordable price. You know it’s a golden opportunity that’s likely to yield massive returns. But as you scramble to gather your resources, the property slips right through your fingers....
