by Stephen Morris, CPA, MBT, CCIM | May 5, 2023 | Tax Strategies
When buying business real estate—for your own occupancy or for rental to others— you should take steps that maximize the income tax depreciation deductions that you can claim for the property. Here are a few suggestions. Separating improvements from land Not all of...
by Stephen Morris, CPA, MBT, CCIM | May 2, 2023 | International, Tax Strategies
In this post, we’ll cover a little bit about how international tax works. The US Internal Revenue Code and its related clarifying regulations, rulings, and cases is inherently complex to begin with (proponents of the system call it “sophisticated”), adding in the...
by Stephen Morris, CPA, MBT, CCIM | Apr 28, 2023 | Real Estate
In this article, I wanted to shift gears a little bit and talk about a mistake I see a lot of developers make and folks in the real estate space who engage in some kind of value add activity. Selling your property too early can be absolutely lethal and I wanted to...
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...