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Your Hosts: William Bronchick, J.D. & John Merchant, J.D.

William Bronchick is a nationally-known attorney, author, and speaker. He has been practicing law and investing in real estate since 1990 and has been involved in over 2,000 real estate transactions.

He has trained countless people all over the country to become financially successful.

Bill has served as President of the Colorado Association of Real Estate Investors since 1996. He is admitted to practice law before the bars of New York and Colorado.

He is the author of many excellent real estate investing and asset protection courses.

John Merchant is retired lawyer and long-time real estate investor. He's owned commercial real estate of every type in a number of states. He's a frequent speaker at real estate investment gatherings and contributes real estate investing articles to various real estate newsletters and publications.

His current real estate focus is the operation and expansion of a foreclosure trustee company and mobile home wholesaling.

John's book Use of IRA and Other Retirement Plans in Real Estate Investing was one of the first to address this real estate investment tool and has had many printings.

 
 
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Old 09-22-2001, 09:48 PM
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Default 2nd tax question... - Posted by Steve
Posted by Steve on September 22, 2001 at 21:48:52:

If the tax advice I received on my previous question is correct, than doesn't that make it harder to buy a property, fix it up and sell it in 2 months for a profit? If you have to pay capital gains no matter what it would eat at a large chunk of profit. I'm no expert and I hope i'm way off here. Any advice appreciated. And I'll probably seek other tax advice from another consultant to be sure. Thanks, Steve
 

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