Tag: Attorney William Bronchick

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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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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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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