Most “DIY” startups will form an LLC by filing articles of organization with the state and obtaining an EIN number. While these two steps are the start of a company, it is the MINIMUM that one should do when forming an LLC. If you have two or more owners (“members”) in your LLC, it is […]
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When people are facing a legal issue, they are often attracted by free consultations offered by some lawyers. Getting some kind of legal help without paying a dime is a rare opportunity many wouldn’t want to miss, but only for those who don’t know what they can get from it. There are lawyers who offer […]
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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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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 […]
Read More 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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Courtesy of William Bronchick @ Bronchick Law Business entities come in so many types that business owners can easily get confused. Here’s a quick guide that will hopefully shed a little light on business entities for you. Be sure to consult with an attorney or accountant once you think you are headed in the right […]
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By Attorney William Bronchick Here it is, the official, “Top 10 Ways to Get Sued” – guaranteed! In our previous post, we covered the 1st 5 Ways to Get Sued and NOW in Part 2, we will cover 5 more ways! Here are numbers 6-10. 6. Try to Call Employees Independent Contractors. Many employers hire employees, but […]
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By: William Bronchick ESQ. You want the best tenants in your property, so you have to be choosey, particular or… dare I say… “discriminatory”! But not all forms of discrimination are illegal. It is illegal discrimination only when you discriminate against people who are a member of a “protected” class. The Fair Housing Act of […]
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Courtesy of Willaim Bronchick & Bronchick Law A business contract is a legal promise made between two or more parties. A contract may be drawn when the associated parties wish to enter into a transaction like buying or selling, performing services, leasing properties, collaborating in joint ventures, advertising, manufacturing, distributing or selling goods, etc. The […]
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Courtesy of William Bronchick, Bronchick Law Employment background checks are becoming increasingly common these days. The reasons for this include the fact that negligent hiring lawsuits that result from the actions of an errant employee can damage a company’s credibility and lead to hefty fines; companies have become more selective in their choice of employees […]
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