Advise RE Blog – Real Estate Tax Insights from Advise RE

How Gain Calculations Work in a Taxable Transaction of Real Estate

How Gain Calculations Work in a Taxable Transaction of Real Estate

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...

Is an S-Corp Right for You? Business Structures and Tax Insights

Is an S-Corp Right for You? Business Structures and Tax Insights

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...

1031 Exchange Hack: Avoid Tax Pitfalls with Parking Transactions

1031 Exchange Hack: Avoid Tax Pitfalls with Parking Transactions

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 but also...

Real Estate Investing: Zoning, Analysis, and Winning Strategies

Real Estate Investing: Zoning, Analysis, and Winning Strategies

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...

Run Your Business Like One, Not Like a Job

Run Your Business Like One, Not Like a Job

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...

Don’t Be So Quick to Form an LLC!

Don’t Be So Quick to Form an LLC!

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),...

New Construction Does Not Mean Zero Repairs

New Construction Does Not Mean Zero Repairs

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...