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News in Colorado and on the legal front.
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Considerations for Forming a Limited Liability Company for Real Estate

11/10/2020

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​For individuals who own real estate, it is important to consider the best way to structure your ownership. When you are just starting out as an investor in real estate, you may hold title to the real estate personally, but that may not be the most advantageous method of ownership. Another option is to create a limited liability company (LLC) for your real estate ventures. An LLC is a type of legal business structure organized under your state’s law.
 
There are many important considerations to keep in mind as you decide whether to form an LLC to hold your real estate. Here are a few things to think about to help you make the best decision for your unique circumstances...

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Good News for PPP Recipients of $50,000 or Less: Simplified PPP Forgiveness Process

11/3/2020

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Following the first surge of COVID-19 cases in the United States, many businesses financially impacted by the pandemic have applied for federal funds through the federal government's Paycheck Protection Program (PPP). One key element of the PPP is loan forgiveness, but business owners who received PPP funds must apply for loan forgiveness. If you received funds and are in the process of requesting loan forgiveness, the Small Business Administration and the Treasury Department have introduced new guidance and changes to assist both lenders and PPP borrowers of $50,000 or less with the forgiveness process. The changes include
  • a new simplified application,
  • reductions in the information that lenders must receive, and
  • an exemption from the reductions in the forgiveness amount that were tied to the reductions in the number of employees and their wages or salaries.

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  • Home
  • Practice Areas
    • Business Law >
      • Business Formation
      • Annual Corporate Maintenance
      • Contracts
      • Employment Agreements
      • Tax Matters
    • Commercial Transactions >
      • Corporate and LLC Formation and Planning
      • Employment Agreements
      • Tax Matters
    • HOA Law Homeowner's Association
    • Litigation, Arbitration & Dispute Resolution
    • Real Estate & Land Use >
      • Contracts and Construction Contracts
      • Zoning and Land Use
    • Restaurant and Hospitality
    • Wills & Estate Planning
    • Special District & Local Government Representation
  • Attorneys
  • News, Events & Resources
  • Careers
  • Contact Us