Courtesy of William Bronchick, Bronchick Law Stronger evidence in courtrooms—it’s what every attorney, defendant, and plaintiff dreams of. Beginning in the last 1980s, this is exactly what began to surface through DNA profiling. We don’t deal at all with this kind of issue at Bronchick Law, but I thought it might prove to be some interesting […]
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By William Bronchick, Esq. and Bronchick Law In this very short video, I will discuss the differences between using LLCs and land trusts for holding real estate. Listen and learn!
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by Attorney William Bronchick I’m going to show you in this short video how to set up your entities for real estate for maximum privacy, maximum liability protection and to help minimize taxes:
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Business entities comes in so many types that business owners can easily get confused. Hereís a quick guide that will hopefully shed a little light on business entities for you. Business Entities “C” Corporation: A corporation whose shares are held by shareholders. The entity stands apart from the shareholders for legal and tax purposes. The […]
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You buy a property, you wholesale it, you profit. Do you need a license to wholesale properties? In most cases, the answer is “no”. Real estate brokerage is an activity regulated by states on their own terms, thus each state defines which activities require a license. There is a lot of vagueness and ambiguity in some of the […]
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Too many investors go to closing and sign documents without ever reading them, taking the word of the “professionals” involved in the closing. This is a huge mistake unless that professional is your lawyer, and he or she has read and understood the loan documents. Don’t presume that the lawyer you are paying represents you. Many […]
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People settle claims out of court all the time, and that is often the smart thing to do. But, most people forget the one simple step that is crucial to the process. This simple step, if omitted, can result in a future lawsuit against you, even if you allegedly settled the claim. Consider the act […]
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You’ve seen the claims: “Eliminate your mortgage!!” Can this really be true? Well, I’ve researched the law and here’s what I came up with. The Claim The claim they are making is that you can legally eliminate your mortgage based on a legal loophole that goes something like this… “If the lender who funded your loan […]
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No real estate course or seminar is a substitute for a good Colorado real estate attorney. Finding a good Colorado real estate attorney may be difficult since most attorneys are not themselves investors or familiar with creative transactions. Most attorneys will give you just enough advice to keep them from getting sued, but not enough […]
Read More Have you ever had a tenant leave in the middle of the night or the middle of an eviction? Did you ever wonder what to do when the tenant abandons the property? Basically, when a tenant abandons the property, you do not need to file an eviction or wait for the sheriff. You can change […]
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