Courtesy of Bronchick Law, William Bronchick, Esq. An ideal lawyer will not just have a string of impressive credentials or gold lettering on his door. He or she will be caring, concerned, and devoted to their work. You need to think carefully before laying your trust in a lawyer after all in some cases your […]
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By William Bronchick, Esq. Do you own real estate in your own name or an LLC? If so, you are a sitting duck for tenant lawsuits, the IRS and code enforcement. Whether you own in your own name or an LLC, the information is public about who’s behind the ownership of your properties, and that makes […]
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Whenever hear one of those Nevada corporations scams ad on the radio it makes me cringe. While Nevada corporations are appropriate in certain circumstances, they have little value for real estate investors outside of the state of Nevada. Here are the reasons the promoters give for using Nevada corporations, and my debunking of them: 1. […]
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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: Free eBook on how to protect your assets! Click Here.
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How to Save Taxes with an S Corporation Ever wondered why so many small businesses—more than 3,000,000 at last count—operate as an S corporation? Simple. An S corporation saves business owners big taxes in three separate ways: First, as compared to regular corporations (sometimes called C corporations), S corporation owners can use the business’s losses […]
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Courtesy of William Bronchick, Bronchick Law We all hate the idea of losing our identity. We all hate it even more if it turns out that it was stolen and is being used by someone else. So what can we do to prevent it? These 7 tips make a good starting point! The first thing […]
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The Series LLC, while not available in every state, can be used in other states if properly done. This article discusses the feasibility in particular of using a Delaware Series LLC in other states that don’t have a Series LLC statute. The series LLC is a form of a limited liability company that provides liability […]
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Many people flock to websites like LEGALZOOMTM to do their LLC filings to form an LLC in Colorado. The #1 reason they do is that they think it’s easier, faster and cheaper than using a lawyer. Let’s compare… Review – LEGALZOOMTM is not a law firm, they just play one on TV. Seriously, famous OJ attorney Robert […]
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Many people are operating full or part-time small business and seeking to incorporate for tax reasons, professionalism, and liability protection. However, most of them are getting it wrong in choosing an entity. The popular thing to do is form an LLC (limited liability company) because it is simple and requires fewer formalities than a corporation. […]
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