WiscoREIA Green Bay: Structuring Your Business and LLC to Protect Yourself!

233 North Broadway,Green Bay WI 54303

02 August, 2022

Description

Structuring Your Business and LLC to Protect Yourself Playing defense is an important part of the real estate game. Many times, people focus on the offensive side of the investing game: the cashflow, appreciation, and revenue numbers. However, many neglect the defensive side of the investing game: protecting your assets. A portfolio of rentals needs to be set up correctly and structured to keep it secure and protect against regulation, lawsuits, and others. This can include a basic LLC, and what it takes to keep this as a barrier to protect your rental property. In this month's meeting we'll discuss: Learn the basics of LLC's Structuring your LLC to be tax advantaged How to create an LLC and Wisconsin Resources Q/A and open discussion on what's working for the room And much more! Speaker: Michael Martell Originally from Two Rivers, Mike and his wife Kathryn (from Brillion) have been married for over 30 years. They have three grown children all living in the upper Midwest. After 25 + years in the kitchen and bath industry working in sales and sales management for a couple of large companies, Mike retired to Door County with Kathryn in June of 2018. Mike and Kathryn’s interest in real estate began in 1986 with their first duplex, an upper/lower in Wauwatosa, purchased on a land contract. Over the years they moved all over the Midwest chasing the corporate dream but always looking, buying, and updating properties, focused on kitchen and bath remodels. They purchased flips, buy and holds, tried their hand at land development, historic renovations and buying bank owned properties. Today they are focused on vacation rentals and private money lending. After discovering the Milwaukee REIA in 2015 and attending meetings for 4 years, one of the first things Mike did after retiring was look up and join the Green Bay WiscoREIA. Mike is excited to be hosting the Green Bay meetings and giving back to the industry and the area. Important Notice: This meeting will be at The Lyric Room. Please enjoy food, drinks, and TIP YOUR SERVERS! Additional Meeting Information: 6:30 pm to 7:00 pm - Check-In & Networking with investors and sponsors 7:00 pm to 9:00 pm - Speaker Presentation This meeting will be at The Lyric Room. Please enjoy food, drinks, and TIP YOUR SERVERS! Meeting Location: The Lyric Room 231 N Broadway Green Bay, WI 54303 Your first meeting with WiscoREIA is FREE! After that, non-members are $20! Members are always FREE! WiscoREIA Green Bay Always Meets on the 1st Tuesday of the Month from 7:00 pm - 9:00 pm! Hosted by: Mike Martell & Joe Gracyalny