Considerations for Using an LLC to Own Investment Real Estate

November 2018

Over the past decade, more and more people have been looking to diversify their investment strategy beyond just putting money in their 401(k) or otherwise investing in the stock market. One alternative investment strategy has been nonprofessional investors purchasing single family or multi-family homes as investment properties. Often these individuals will directly purchase the investment… Read more >

Minnesota’s New Limited Liability Company Act and What it Means for Businesses

November 2018

Minnesota first adopted laws establishing limited liability companies (LLCs) as a new form of business entity in 1992. LLCs have been wildly popular ever since; in recent years, there have been approximately five new Minnesota LLCs formed for every new corporation. The combination of limited liability for owners and the avoidance of entity-level taxation is… Read more >

FMJ Named Best of The Best by Southwest News Media

November 2018

FMJ was chosen as the “Best Legal Firm” in Southwest News Media‘s Best of the Best Contest. This was the second year for Southwest News Media’s Best of the Best Contest, and there was a large increase in audience participation over last year. They received 8,600 nominations in 70 categories. When the contest ended Sunday… Read more >

Transportation & Logistics Attorneys Named to Who’s Who Legal Aviation 2019

November 2018

Robert R. Fafinski, Jr. (Shareholder & CEO), Kevin J. Johnson (Shareholder), James T. Gladen III (Shareholder), and Heather J. Halverson (Shareholder), were named to the “Who’s Who Legal Aviation” Aviation 2019 list. All four attorneys are members of FMJ’s Transportation & Logistics practice group. The lawyers featured on this list can be considered leaders in their… Read more >

The #MeToo Movement – One Year Later

October 2018

Last month marked one year since the #MeToo sexual harassment movement began. From the Twitter hashtag to the extensive media coverage to #MeToo ‘Silence Breakers’ being named TIME’s 2017 Person of the Year, the movement brought out more stories of abuse and harassment by women and men of all professions. A recent report by the… Read more >