Advise RE Blog – Latest Posts
California’s Passthrough Entity Tax Credit: Maximizing Benefits
Hope everyone is having a fantastic week. We put together a video for you to help you understand how the passthrough entity tax credit works and why you should seriously consider taking advantage of it whenever you can! Feel free to contact us if you need further...
Achieving a 10.5% Tax Rate Can Be Your Reality
I really think that the Internal Revenue Code garnered such a mythology around it such that my clients sometimes view me as a sorcerer who can conjure up the right tax law to magically make their tax liability $0 or close to it, especially many months after the tax...
Always Ask “Why?” – A Lesson on Principled Negotiations
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...
Advise RE Featured on Disrupt Magazine
Check out the piece here! Very honored to be on the magazine and have our firm featured!
Passive Activity Losses and Your Real Estate Holdings
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...
Real Estate Investing Is A Long Game – Avoid Being Greedy Early On
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...
The Different Forms of Holding Property
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...
Don’t Let the Tail Wag the Dog – A Lesson on Tax Planning
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...
What is a “Real Estate Professional” Under the Internal Revenue Code?
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...
Liquidity Solves All Problems
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. Sound...
Tax Planning Strategies for Individuals
Tax planning is an essential component of personal finance that often gets overlooked. Whether you're a working professional, a self-employed entrepreneur, or an investor, understanding the fundamentals of tax planning can significantly reduce your tax liability and...
Real Estate Gains Can Be Taxed 3 Different Ways
Let’s take a break from the rants about how tough it is to build anything these days to a technical area of the tax law which is often misunderstood by most people in the real estate world. We’ll delve into the character of real estate gains in this topic so that...
Navigating the Tax Waters: Foreign Investment in U.S. Partnerships & Tax Filing Requirements
The United States, with its dynamic and vast economy, presents a lucrative investment avenue for international players. Partnerships, due to their adaptability and flexibility, often become the go-to investment vehicle. However, it's important to understand the U.S....
Understanding Subchapter K: An Easy Guide for Non-Tax Experts
Welcome to today's post, where we'll be covering a fundamental aspect of US tax law that might seem a bit intricate and daunting at first - Subchapter K of the Internal Revenue Code (IRC). Fear not, as this blog aims to provide...
Mastering the IRC 1031 Exchange Parking Transaction: A Game-Changer in Property Acquisition
As a continuation of our tax deferral series, I wanted to bring to your attention a different approach to your strategy of selling property and deferring the taxable gains. The complex world of real estate investment is loaded with intricate strategies that can...
Investing in US Real Estate as a Foreigner
A lot of our clients from other countries own U.S. properties or shares in companies that own U.S. properties. These properties can be homes, offices, apartments, farms, vacant land, or places with resources like minerals or oil....
Navigating the Complexities of Syndicated Property Investing
In this article, I'll attempt to synthesize two significant topics into a single discussion. Firstly, I'll discuss the gratifying tax and economic benefits of leading a real estate syndication as a sponsor by collaborating with investors. Secondly, I'll delve into...
The Basics of Real Estate Taxation
Understanding real estate taxation is crucial for homeowners, investors, and real estate professionals in the United States. This system of taxation involves several different types of taxes, each with its own set of rules and...
Understanding the Different Types of Real Estate Taxes
Real estate investment can be a lucrative venture, but it's crucial to understand the various types of taxes that come with property ownership. This knowledge is essential in planning a profitable investment strategy. Here are the key types of taxes that real estate...
Common Real Estate Tax Deductions
Real estate investment in the United States offers several tax benefits that can significantly impact profitability. Understanding these tax deductions is a vital component of a successful real estate investment strategy. Here are some of the most common tax...
How to Prepare for a Real Estate Tax Audit
Facing an audit can be an intimidating prospect for anyone, but it can be particularly stressful for real estate investors due to the complex nature of real estate taxation. An audit involves the Internal Revenue Service (IRS)...