Tag: IRA LLC Lawyer

Colorado IRA LLC Lawyer

A Colorado IRA LLC Lawyer is who you need to talk with if you have a self-directed IRA.  A self-directed IRA can be cumbersome if you own assets such as real estate rentals because you need to direct the custodian for every transaction – rental income, expenses, mortgage payments, taxes, repairs, etc.  You need to […]

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Quick Guide to Colorado Business Entities

Business entities come in so many types in Colorado that business owners can easily get confused. Here’s a quick guide that will hopefully shed a little light on business entities for you. Sole Proprietorship: A business owned and controlled by one person. The designation provides no protection from business liabilities. It is taxed on the person’s […]

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William Bronchick

9 Mistakes New Real Estate Investors Make

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Help! Finding a lawyer & What to Look for.

Courtesy of William Bronchick, Esq.  Chances are if you are looking for a lawyer you are at a very stressful time in your life and are overwhelmed. It doesn’t have to be as hard or as costly as you think to find a good lawyer. Provided below are some tips that can take the stress […]

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William Bronchick

10 Ways to Identify if Your Lawyer is Right for You

Courtesy of Bronchick Law, William Bronchick, Esq. An ideal lawyer will not just have a string of impressive credentials or gold lettering on his door. He or she will be caring, concerned, and devoted to their work. You need to think carefully before laying your trust in a lawyer after all in some cases your […]

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Read Before You Sign!

by Attorney 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 […]

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Converting a Single Member LLC to an S Corp

Converting a single member LLC to an S corp may be a good move for many small business operators. Many people mistakenly set up a single member LLC when they should be using an S corporation.  The main reason a small business entrepreneur would use an S corporation over a single member LLC is the [...] Read More

How to Form a Colorado LLC

New website describes how to form a Colorado LLC, step by step, with or without a lawyer. http://www.howtoformcoloradollc.com In summary, here are the steps: Step 1.  Choose a name.  Go to http://www.sos.state.co.us/biz/BusinessEntityCriteriaExt.do and search combinations that appear similar to the name you want.  For example, if you want ABC Real Estate, LLC, search “ABC” and see what else […]

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Using an IRA to Buy Real Estate

If 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 is a very good way to turn your money into tax-deferred or […]

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Self Directed IRA for Real Estate Investing

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