Forming and Maintaining Your LLC: States, Privacy, Cost, and more with Jonathan Feniak

In this episode, Jonathan Feniak presents a new platform to help investors create and maintain LLCs for real estate investments. He covers LLC formation, maintenance, top states for privacy, asset protection, and cost of forming and maintaining companies. Jonathan emphasizes the importance of working with an attorney for the process and aims to provide valuable information for real estate investors.

[00:01 – 07:00] Opening Segment

  • Jonathan Feniak is an attorney and the General Counsel & Chief Product Officer for Company Sage
  • Company Sage is a Puerto Rico-based tech company that simplifies starting & managing entities for asset protection & privacy
  • Company Sage aims to offer accessible & affordable legal & quasi-legal services to many through its tech products

[07:01 – 15:41] Revolutionizing Entity Formation and Management

  • Company Sage offers a platform for forming companies, with a focus on five states
  • Provides comprehensive business support including legal and tax advice
  • Company Sage powers other companies to deliver superior products and focusing on niche areas

[15:42 – 26:12] Navigating the Challenges of Multiple LLCs

  •  Even if an individual is behind on paperwork for their LLCs, it is possible to catch up by changing the registered agent to the company
  • Company Sage’s client portal offers access to important documents such as operating agreements and organizational meeting minutes
  • The company offers attorney consultations for legal matters such as capital raising and asset protection trusts

[26:13 – 34:06] Closing Segment

  • Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor. Learn more about Personal Capital at escapingwallstreet.com 
  • What is your favourite book?
  • Flow: The Psychology of Optimal Experience by Mihaly Csikszentmihalyi
  •  Jonathan Feniak’s indispensable tool  
  • FaceTime
  • What are you looking forward to in 2023?
  • A place with an amazing food scene 

Connect with Jonathan Feniak:

Website: https://wyomingllcattorney.com/

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes          

Tweetable Quotes:

“Because ultimately privacy leads to better asset protection.” – Jonathan Feniak

About our Guest

Jonathan Feniak

Jonathan is admitted to practice law in Colorado and Wyoming. In this position, he helps business owners at nearly every level and in nearly every industry with asset protection, estate planning, and business formation. Beyond business owners, Jonathan also helps activists of all political persuasions to legally protect themselves.

Despite being an attorney today, Jonathan will readily admit that he never planned on becoming one. And unlike other supposedly “accidental” lawyers, Jonathan has the track record to prove it. Look over his backstory and you’ll see that law is actually his third career.

This episode is brought to you by Roofstock, the world’s largest residential real estate investing marketplace. Open an account for free and start browsing turnkey investment properties today.

We are also supported by You Need a Budget. YNAB is a different kind of personal financial tracking company. They’ll help you track and plan your money with your priorities in mind. Open your trial account today and give it a shot!

About the Host

Taylor on stage

Hi, I’m Taylor. To date I’ve acquired or partnered on over $250 Million in Commercial Real Estate Investments. I help busy professionals invest in multifamily and self storage real estate through my company NT Capital

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Real Listener Reviews

Extremely useful podcast
Extremely useful podcast
@thehappyrexan
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Short, impactful with excellent guests. If you have a full time W-2 job or business and are looking for ways to get involved in real estate on the side, this is for you.
Simple & effective information!
Simple & effective information!
@jjff0987
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This podcast is worth listening to for investors at all levels. The information is simplified for the high level investors but detailed enough to educate seasoned investors about nuances of the business. I recommend!
Awesome Podcast!!!
Awesome Podcast!!!
@Clarisse Gomez
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The host of Passive Wealth Strategies for Busy Professionals podcast highlights all aspects of real estate investing and more in this can’t miss podcast! The host and expert guests offer insightful advice and information that is helpful to anyone that listens!
Great podcast!
Great podcast!
@Owchy
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Love all the information and insights from Taylor and his guest. Fun and entertaining. Highly recommend.
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