Millionaire Mindcast

How To Setup and Structure Your Investing Entities For Maximizing Tax Benefits and Protecting Your Wealth | Jonathan Feniak


Listen Later

In this value-packed episode, Matty A. is joined by Jonathan Feniak—attorney, educator, and founder of LLCAttorney.com—to walk through the essential strategies behind smart entity structuring. Jonathan breaks down everything from LLCs, S Corps, and C Corps, to revocable living trusts and asset protection.

Whether you’re flipping houses, investing in rentals, or running a growing business, the right structure can save you money, protect your wealth, and help you scale without legal headaches.


What You’ll Learn:

  • How to avoid common mistakes when setting up an entity

  • Why LLCs are usually better than corporations for small investors

  • When to use S Corp or C Corp tax elections

  • The truth about piercing the corporate veil

  • How to structure for fix-and-flips, rentals, and syndicationsWhy Wyoming is Jonathan’s #1 pick for LLC formation

  • Estate planning basics using revocable living trusts

Resources from Jonathan Feniak:

  • Website: LLCAttorney.com

  • LinkedIn: LLC Attorney on LinkedIn

Timestamps:

00:00 – Introduction to Jonathan Feniak

01:30 – Why proper structuring is crucial 09:56 – Biggest entity mistakes

13:11 – LLC vs. Corporation: Breaking the myths

16:28 – Avoiding liability: Veil piercing & compliance

22:06 – Fix-and-flips, rentals, and holding companies

27:44 – Best states to form LLCs

35:25 – Real case studies of smart (and poor) structuring


Episode Sponsored By:

Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/

CRE MASTERMIND: Visit myfirst50k.com and submit your application to join!

FREE CRE Crash Course: Text “FREE” to 844-447-1555

FREE Financial X-Ray: Text  "XRAY" to 844-447-1555

...more
View all episodesView all episodes
Download on the App Store

Millionaire MindcastBy Matt Aitchison

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

707 ratings


More shows like Millionaire Mindcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,769 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,877 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

993 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

588 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,403 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

422 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

418 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

516 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

614 Listeners

The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

The Lifestyle Investor - Investing, Passive Income, Wealth

288 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,130 Listeners

On The Market by BiggerPockets

On The Market

896 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

700 Listeners

The Rich Somers Report by Rich Somers

The Rich Somers Report

982 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

849 Listeners