by Stephen Morris, CPA, MBT, CCIM | Apr 7, 2023 | Tax Strategies
In Episode 2 of this series, I’ll chat a little bit about the detailed mechanics of the 1031 exchange. You can read episode...
by Stephen Morris, CPA, MBT, CCIM | Apr 3, 2023 | Real Estate
In this article, we’ll talk about why California will never energize developers to build enough housing to meet demand with its inane policies. As a developer, I have a very good understanding of the road blocks we face in providing housing in this state. As a native...
by Stephen Morris, CPA, MBT, CCIM | Mar 30, 2023 | Tax Strategies
For the next few weeks, I’ll spend a little time explaining to you some of the tax benefits of utilizing IRC 1031 (“1031 exchange”) and its tremendous amount of benefits that only real estate investors can take advantage. I believe the 1031 exchange is one of the most...
by Stephen Morris, CPA, MBT, CCIM | Mar 27, 2023 | Uncategorized
In this post, I want to discuss with you some questions I’ve gotten over the years about why I work as a real estate CPA as well as an investor and broker of property. If any of you know me, then you’ve probably heard me repeat over and over again that I believe real...
by Stephen Morris, CPA, MBT, CCIM | Mar 20, 2023 | Uncategorized
This will be a quick PSA to everyone, including my clients and the general public, about the need to form Limited Liability Companies “LLCs,” especially in California. LLCs are great legal vehicles to protect your business venture. As long as you properly maintain a...
by Stephen Morris, CPA, MBT, CCIM | Mar 16, 2023 | Uncategorized
I think ChatGPT is a great tool that can help you crank out letters, essays, and do some research. Coincidentally, it also does some decent tax research and can help you identify some areas of the Internal Revenue Code and give you the answers on how the laws work....
by Stephen Morris, CPA, MBT, CCIM | Mar 9, 2023 | Real Estate
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...
by Stephen Morris, CPA, MBT, CCIM | Mar 3, 2023 | Uncategorized
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...
by Stephen Morris, CPA, MBT, CCIM | Feb 13, 2023 | International
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...
by Stephen Morris, CPA, MBT, CCIM | Feb 13, 2023 | Uncategorized
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 plan but then the conversation quickly...
