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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I formed a company in Indiana last year using a big name corporate filing service. I just got the annual billing for registered agent service – $225!!! A registered agent is someone in the state of the formation with a physical address that can be served in a lawsuit against the company. If you live […]
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Example #1: Hard Money Loan Client setups up IRA-LLC, which is funded by money in his self-directed IRA account. Investor need a loan to buy a property, so the IRA-LLC then wires money to the escrow account of the title company who is closing the deal. Investor signs a note and deed of trust, 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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By William Bronchick & Frank Pulley When you talk about competition and competitors in any business and the real estate business is no different. It can tend to strike fear into the hearts of many investors who are in direct competition with them. The fact is, for most of us, our competition is here to […]
Read More by William Bronchick So, you hate your boss and you’re thinking of going full time in real estate investing? After a few deals, you may be tempted to do so, but here are some important considerations you need to review before making the jump: Cash Reserves Although Real Estate transactions can be done successfully without […]
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Courtesy of William Bronchick, Esq. Estate planning for real estate investors involves distributing your assets after death to such people or causes according to your wish with minimum legal complications and the least tax incidence. And estate planning is not just for the wealthy; nor is it something to be contemplated when you reach the ripe […]
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by Attorney William Bronchick As a landlord, you should be aware of some of the legal issues related to leasing properties. Here are a few of them: LEAD-BASED PAINT DISCLOSURE Federal law requires that the lessor (landlord) of any rental property constructed before 1978 disclose the presence of any lead-based paint or hazards known by […]
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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 […]
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Video Describes AITD, Land Contracts and Wraps in Colorado
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