by William Bronchick | Apr 19, 2018 | Real Estate News
by Attorney William Bronchick Should I use cash or credit? ARM loan or fixed rate? Ten percent down or twenty percent? Should I pay down debt or keep a cash reserve? These are all good questions, and here are some of the answers… Cash vs. Credit: The Concept of...
by William Bronchick | Apr 17, 2018 | Business Advice
by Attorney William Bronchick Many investors are generally familiar with the concepts lease option and contract for deed (aka “installment land contract”). Many investors confuse the two, and this article will help you understand the tax, legal, and practical issues...
by William Bronchick | Apr 12, 2018 | Business Advice
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...
by William Bronchick | Apr 10, 2018 | Business Advice
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...
by William Bronchick | Apr 5, 2018 | Business Advice
by Attorney William Bronchick It takes more than home improvement know-how to make the big bucks in rehab properties. In order to be a successful investor, you need to know what needs to be repaired – in addition to knowing how to do it. You also need to know how to...