by Stephen Morris, CPA, MBT, CCIM | Aug 17, 2023 | Real Estate
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...
by Stephen Morris, CPA, MBT, CCIM | Aug 8, 2023 | Tax Strategies
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...
by Stephen Morris, CPA, MBT, CCIM | Jul 26, 2023 | Real Estate, Tax Strategies
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 practices. However, one area of tax law...
by Stephen Morris, CPA, MBT, CCIM | Jul 19, 2023 | Real Estate
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....
by Stephen Morris, CPA, MBT, CCIM | Jul 5, 2023 | Uncategorized
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...
by Stephen Morris, CPA, MBT, CCIM | Jul 5, 2023 | Uncategorized
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...
by Stephen Morris, CPA, MBT, CCIM | Jun 22, 2023 | Uncategorized
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...
by Diana Tang, CPA, MBT | Jun 21, 2023 | Tax Strategies
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 an easy-to-understand...
by Stephen Morris, CPA, MBT, CCIM | Jun 20, 2023 | Tax Strategies, Real Estate
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...
by Stephen Morris, CPA, MBT, CCIM | Jun 16, 2023 | International, Real Estate
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. These can produce income that may be...
