Tag: asset protection

How to Legally and Safely Remove Squatters from your Property

by William Bronchick, Real Estate Coach & Attorney In real estate investing, you would think that somebody that trespasses onto one of your investment properties is violating the law big-time. Trespassing is illegal, but if a trespasser continues to live there, they may be considered a squatter. Removing squatters from your property can be a […]

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William Bronchick

9 Mistakes New Real Estate Investors Make

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Is Wholesaling Properties Legal Without a License?

By William Bronchick, Real Estate Mentor and Attorney In real estate investing, if 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 […]

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How to Save Taxes in New York or Colorado with an S corporation

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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What is a Real Estate IRA?

By William Bronchick, Real Estate Coach & Attorney What is a real estate IRA? Many websites and companies advertise you can set up a “real estate IRA”.  Is there such as thing as a real estate IRA for real estate investing? Not really.  An IRA is an IRA, and if you choose real estate investing […]

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Employment Law: Attendance Rewards – What Are the Legal Ramifications?

Courtesy of William Bronchick Real Estate Attorney and Mentor -Bronchick Law If you were thinking of offering your employees special rewards as incentives for having good attendance records, then you must read on. In fact, employers that offer attendance bonuses may find themselves falling foul of the law. Let’s take an imaginary company; Royal Marketing […]

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Dealing with Competition in Your Real Estate Business

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 […]

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Read Before You Sign by William Bronchick

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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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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