Advise RE Blog – Real Estate Tax Insights from Advise RE

California’s Passthrough Entity Tax Credit: Maximizing Benefits

California’s Passthrough Entity Tax Credit: Maximizing Benefits

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...

Achieving a 10.5% Tax Rate Can Be Your Reality

Achieving a 10.5% Tax Rate Can Be Your Reality

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...

Always Ask “Why?” – A Lesson on Principled Negotiations

Always Ask “Why?” – A Lesson on Principled Negotiations

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...

Passive Activity Losses and Your Real Estate Holdings

Passive Activity Losses and Your Real Estate Holdings

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...

The Different Forms of Holding Property

The Different Forms of Holding Property

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...

Don’t Let the Tail Wag the Dog – A Lesson on Tax Planning

Don’t Let the Tail Wag the Dog – A Lesson on Tax Planning

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...