Advise RE, a Los Angeles-based firm, has formally launched a construction advisory service aimed at property owners and developers. The service draws directly on the development experience of founder Stephen Morris, CPA, MBT, CCIM, who has developed more than 50 multifamily units in Los Angeles. Morris also brings experience as a property owner, developer, and licensed real estate broker. Advise RE Developers holds California general contractor license CSLB #1142184.
The new service matters because it addresses a critical gap in the real estate development process: the need for financial and tax guidance that is grounded in practical construction experience. Many owners and developers, particularly first-timers, struggle to align construction budgets, schedules, and financing with realistic market conditions. Advise RE's advisory services begin before construction starts, reviewing feasibility assumptions, construction budgets, financing structure, and projected carrying costs. This early-stage review helps owners determine whether a project's numbers account for realistic rents, construction schedules, and potential delays. The firm serves first-time developers, owners adding units or accessory dwelling units (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. Dealer-versus-investor treatment is also part of that planning. These construction accounting advisory functions are integrated directly into the firm's broader tax and development work, providing a seamless approach that can prevent costly missteps.
The implications of this announcement extend beyond individual projects. By combining tax planning with construction advisory, Advise RE offers a holistic service that can improve project viability and investment returns. For owners, the firm's advice is designed to support their decisions without replacing the project's general contractor. Advise RE reviews the financial and tax implications of budgets, schedules, and change orders, while attorneys remain responsible for legal advice and contract terms. This clear division of roles ensures that owners receive specialized financial guidance while legal and construction execution remain with qualified professionals.
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. Owners interested in learning more can visit https://adviseretax.com to describe their project and submit an inquiry. The team reviews inquiries before arranging an initial conversation.
