Advise RE Blog – Latest Posts
Why you need to rethink your relationship with property management
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...
Cost Segregation Studies are great, but slightly less interesting in 2023
Let’s start this week off with some tax discussion. One of the reasons why I’m such a big cheerleader in utilizing real estate investment as a wealth building strategy is the immediate tax savings you can realize right after you...
The Millionaires Are Leaving! (But it’s not for the reason you think)
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...
What It Takes to Become a Developer (2023 Edition)
I get the question of what it takes to become a developer and start your own project quite often from my clients as well as colleagues in the real estate profession. Honestly, development is incredibly challenging and requires a...
Consider Internationalizing Your Life
Another major topic that I get a lot of questions on is how to save a lot of taxes in a very quick amount of time. Usually, for real estate investment strategies to work towards your advantage, you need to actually go out and buy real estate. Other concepts, such as...
Momentum first, compliance second (Quick Tip!)
Very often, I’ll get calls or emails from prospective clients asking me how to construct the perfect tax planning strategy to meet their needs. Usually, they start off the call with a very excited introduction into their business...
How Can Small Business Owners Lower Taxes for 2022?
It's time for year-end tax planning. Every fall, small business owners should review their tax situations to determine steps they should consider to reduce their federal income taxes for the current year — and beyond....
Decoding Real Estate Risks: A Guide for Investors
Today I wanted to address an issue that is near and dear to my heart. I’ve been in the real estate world as of the time of this writing for close to 19 years and an owner and developer for nearly 10 years. As a native to Los Angeles, I’ve seen this city change from...