5 Great Reasons to Use Land Trusts

5 Great Reasons to Use Land Trusts

By William Bronchick, Esq.  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 public about who’s behind the ownership of...
The Lowdown on Real Estate Dealer Tax

The Lowdown on Real Estate Dealer Tax

by Attorney William Bronchick Many people buy and flip properties in their own name, particularly when getting started.  The danger here is that the income earned from these activities could be subject to unwanted taxes, particular the real estate dealer tax. Capital...
Buying at the Foreclosure Auction

Buying at the Foreclosure Auction

by Attorney William Bronchick Perhaps the most well-known method of obtaining foreclosure properties is buying them at the auction. The foreclosure auction is a live bidding process, just as you may have imagined. The auction is typically conducted at a public place,...