by Stephen Morris, CPA, MBT, CCIM | Oct 1, 2024 | Tax Strategies
Taxation of real estate gains includes understanding key concepts like basis, Section 1231 gains, and Section 1250 recapture. Basis is the initial value of the property used to calculate gains or losses upon sale. Section 1231 gains benefit from long-term capital...
by Stephen Morris, CPA, MBT, CCIM | Sep 5, 2024 | Tax Strategies
Join Stephen Morris and Diana Tung from AdviseRE CPAs in Los Angeles as they delve into the world of S-corps, a business structure coveted for its tax advantages. This video unpacks everything from the basics of forming an S-corp, including legal entities and IRS...
by Stephen Morris, CPA, MBT, CCIM | Jul 24, 2024 | Real Estate, Tax Strategies
Unlock the secrets to maximizing your real estate investments with 1031 exchanges! In this enlightening video, we delve into a strategic approach known as the “1031 parking transaction.” Discover how this method not only boosts your negotiating leverage...
by Stephen Morris, CPA, MBT, CCIM | Jun 20, 2024 | International
Discover the strategic advantages of obtaining residency in foreign countries in our latest video! Whether you’re looking to diversify your investments, optimize your tax obligations, or establish a secure plan for emergencies, understanding the process of...
by Stephen Morris, CPA, MBT, CCIM | Jun 6, 2024 | Real Estate
Unlock the secrets to successful real estate investing with our comprehensive guide! In this video, we delve into the essential aspects you need to master before diving into the property market. Whether you’re a beginner or looking to sharpen your skills, this...
by Stephen Morris, CPA, MBT, CCIM | May 9, 2024 | Uncategorized
After a hectic but efficient tax season, I’m finally back here to write more about tax, real estate, and business concepts. We will have a few changes will come to this blog this year, including more images as well as much more video content, so stay tuned! With that...
by Stephen Morris, CPA, MBT, CCIM | Apr 25, 2024 | Uncategorized
https://www.youtube-nocookie.com/embed/Rc3nvBnIiIw?feature=oembed&enablejsapi=1 Welcome to our latest video where we dive deep into the common misconceptions surrounding the formation of Limited Liability Companies (LLCs), particularly for California-based...
by Stephen Morris, CPA, MBT, CCIM | Mar 13, 2024 | Real Estate
When I wrote this title, I had to pause, step away from my computer and take a huge, deep breath to calm down. Now that I’m calm, I can write the following sentence in a nice way: Your expectations of new construction need a reality check. In this article, I’m going...
by Stephen Morris, CPA, MBT, CCIM | Feb 28, 2024 | International
Following my recent article on the pivotal role of global diversification in your life strategy, many of you reached out, eager to understand the initial steps towards broadening your horizons. Embracing an international strategy does require dedication, yet the...
by Stephen Morris, CPA, MBT, CCIM | Feb 27, 2024 | Uncategorized
You may be aware already of the upgraded requirements for most entities formed in the US to report on beneficial ownership requirements through the news or various other websites. In case you aren’t aware, we prepared this nifty little article for you to read to...
