Advise RE, a Los Angeles-based firm, is offering real estate construction advisory services for property owners and developers, drawing on the experience of its founder, Stephen Morris, who has developed more than 50 multifamily units in Los Angeles. The firm announced that its advisory approach is shaped by this hands-on development record, providing owners with guidance that integrates financial, tax, and construction considerations.
Morris, a CPA, MBT, CCIM, brings experience as a property owner, developer, and licensed real estate broker. Advise RE Developers holds a California general contractor license, CSLB #1142184. This combination of credentials allows the firm to advise clients from the owner’s perspective, focusing on the economic and tax implications of construction decisions.
The construction advisory services begin before construction starts, with a review of feasibility assumptions, construction budgets, financing structure, and projected carrying costs. According to Advise RE, this helps owners assess whether a project’s numbers account for realistic rents, construction schedules, and potential delays. The service is designed for first-time developers, owners adding units or ADUs, and investors renovating or converting existing buildings.
During construction, Advise RE helps owners organize project costs and understand their tax treatment. This includes capitalization planning and cost tracking that supports lender reporting and tax preparation. As a project approaches completion, the firm advises on placed-in-service timing and the tax implications of holding or selling the property, including dealer-versus-investor treatment. These construction accounting advisory functions are integrated directly into the firm’s broader tax and development work.
Importantly, Advise RE’s construction advisory services support the owner’s decisions and do not replace the project’s general contractor. The firm reviews the financial and tax implications of budgets, schedules, and change orders, while attorneys remain responsible for legal advice and contract terms. This clear delineation ensures that owners receive specialized financial and tax guidance without overstepping into areas requiring other professionals.
The launch of these services matters because it addresses a common gap for real estate owners: the need for financial and tax expertise that understands the construction process from an owner’s perspective. By leveraging Morris’s development experience, Advise RE aims to help owners avoid costly mistakes and optimize their projects’ financial outcomes. Owners can describe their project and learn more through the inquiry form on the Advise RE website. The team reviews inquiries before arranging an initial conversation.
Advise RE is based in Los Angeles and serves real estate investors and developers across the United States. Its work connects tax planning and preparation with practical property ownership and development experience. CPA services are provided through Advise RE, PC. Advise RE Developers holds California general contractor license #1142184.
