by Stephen Morris, CPA, MBT, CCIM | Feb 5, 2024 | Uncategorized
You can read more at the link here to see our thoughts on the issues relating to the real estate professional exception under IRC 469. We are proud to contribute to the AAOA’s magazine and hope to provide more insights into the ever changing tax law landscape. For...
by Stephen Morris, CPA, MBT, CCIM | Feb 1, 2024 | International
Why You Should Consider Multiple Residencies in 2024 Happy New Year to everyone. We took a break from posting to spend some time with friends, family, and tax planning. Year end is always the busiest time of the year for us as we lock in last minute adjustments,...
by Stephen Morris, CPA, MBT, CCIM | Dec 12, 2023 | International
Join us in this insightful 37-minute interview with Dolly Joshi and Shrey Joshi from Ascent Auditing, as we delve deep into the thriving business landscape and tax benefits of the United Arab Emirates, particularly Dubai. This comprehensive discussion sheds light on...
by Stephen Morris, CPA, MBT, CCIM | Nov 22, 2023 | International
Hope everyone is having a wonderful start to the holiday season. More than anything, Thanksgiving is the time of year I look forward to the most since I love cooking the feast and of course, eating delicious roasted turkey with the family. I’ve been absent from this...
by Stephen Morris, CPA, MBT, CCIM | Oct 12, 2023 | Tax Strategies
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...
by Stephen Morris, CPA, MBT, CCIM | Oct 5, 2023 | International, Tax Strategies
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...
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 | Uncategorized
Check out the piece here! Very honored to be on the magazine and have our firm...
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...
