Tag: asset protection

Beware of Hidden Fees for Online Corporate Filing Services

An investor I know formed a company in Indiana last year using a big name corporate filing service. He 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. […]

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Everyone Should Have A Living Will

Courtesy of William Bronchick, Bronchick Law According to information known in most states as a Directive to Physicians or Healthcare Directive, a Living Will sets out your wishes about what extended medical treatment should be withheld or provided if you become unable to communicate those wishes. The directive creates a contract with the attending doctor. […]

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5 Great Reasons to Use Land Trusts

By William Bronchick, Real Estate Attorney & Real Estate Mentor  In your real estate investing, 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 […]

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Using an Attorney to Buy a House

By William Bronchick, Real Estate Attorney and Real Estate Mentor The most expensive thing most people will buy in their lifetime is the house in which they live. It is also true for those who are into real estate investing. In addition to being expensive and taking decades to pay for, the purchase of a […]

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Landlord Tenant Laws and Tenants’ Rights in Colorado

By William Bronchick, Attorney and Real Estate Coach If you are in the real estate investing business and hold properties you should know that tenant rights in Colorado are not too strong, as Colorado is a fairly low-regulated state when it comes to landlords and tenant’s rules, particularly single-family homes.  This may change as vacancy […]

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Legal and Illegal Flipping and Lender Seasoning

By William Bronchick. Esq. Attorney & Real Estate Coach In the real estate investing world, here has been a lot of negative press and misinformation lately about double–closings. Several people have been indicted recently under what the press has labeled “Property Flipping Scams.” Misinformed lenders, real estate agents, and title companies will tell you that […]

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The Feasibility of Using a Delaware Series LLC in Other States

By William Bronchick, Attorney and Real Estate Mentor The Series LLC, while not available in every state, can be used in other states in real estate investing 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. It can […]

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Critical Business Procedure – Keep All Email Communications!

Courtesy of William Bronchick, Bronchick Law & Real Estate Mentor Businesses routinely maintain copies of correspondence and memos. Far to often, however, they do not extend this practice to email correspondence. Email correspondence is no different than your normal paperwork. You must keep copies of all of it to protect your business in any litigation. […]

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Using an IRA to Buy Real Estate

By William Bronchick, Real Estate Mentor As a real estate investor, f you want to retire safely, a regular saving to your IRA will do the trick, but if you are wiser and use the money to invest in real estate instead, you could retire richer than planned. Investing your IRA funds in real estate […]

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Protecting Yourself From Identity Theft – Ultimate 7 Tips For Avoiding ID Theft

Courtesy of William Bronchick, Bronchick Law & Real Estate Mentor 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 […]

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