How To Setup and Structure Your Investing Entities For Maximizing Tax Benefits and Protecting Your Wealth | Jonathan Feniak
Millionaire Mindcast
Matt Aitchison
4.4 • 716 Ratings
🗓️ 7 July 2025
⏱️ 46 minutes
🧾️ Download transcript
Summary
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:
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Transcript
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| 0:00.0 | Entity structuring can be confusing. And oftentimes most people end up setting up their |
| 0:16.4 | entities in a way that doesn't actually align with their business goals or needs. |
| 0:20.5 | So today we're bringing in Jonathan Finniak, founder of LSC. in a way that doesn't actually align with their business goals or needs. |
| 0:28.2 | So today we're bringing in Jonathan Finniak, founder of LLC Attorney.com, who goes into great detail on all of the different entity structures from LLCs to S-Corps to corporations, |
| 0:35.2 | all the way to trust. |
| 0:36.6 | And everything you need to know about these things |
| 0:38.2 | based on how you are setting up your business or your investments and how you can avoid a lot |
| 0:44.3 | of the mistakes that many people make when selecting these entities. So he talks about |
| 0:50.0 | all of the ins and outs of each one, which ones are overkill, which ones you should stay away from, |
| 0:56.3 | and ultimately how you can pick the one that best suits what your goals are. Some of the best states |
| 1:03.0 | that he loves to set these entities up in, and many of the wins and losses he's seen people |
| 1:09.0 | experience by doing the things that you should or shouldn't |
| 1:12.4 | do when it comes to entity structuring. So if you're somebody that is looking to minimize your |
| 1:16.1 | taxes, protect your assets, and really find the best structure and set up to achieve the goals that |
| 1:21.9 | you want as you build wealth in your business and your investments and you're going to get some |
| 1:25.8 | great value from today's episode. Let's go ahead and dive in with Jonathan Fennyak. Let's take a quick break in here from |
| 1:32.0 | today's show sponsor. I want to personally invite you to the very first wise investor mastermind. |
| 1:38.8 | And this is going to be held in none other than the wine and food mecca of the world, |
| 1:42.8 | Napa Valley, California. |
| 1:48.7 | This is going to be an exclusive multi-day retreat that is going to be a blend of learning and masterminding with bucket list adventures, amazing wine, and hospitality and food experiences. |
| 1:55.4 | This is limited to just 20 high-level investors and operators, and this isn't going to be a |
| 1:59.8 | conference where we're sitting in the room all day. This is going to be an action-packed hospitality and adventure-driven |
... |
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