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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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 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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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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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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(You Don’t Have to be a Slimeball to Get Rich!) by Attorney William Bronchick Many people have a very 19th-century view of real estate investors. They think that we are modern-day “robber barons” who prey upon distressed or ignorant people, take advantage of them, and laugh all the way to the bank. The truly sad […]
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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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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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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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