wis 7777.22 Annotation A memorandum announcing a reorganization of a land-owning partnership into a limited liability company (LLC) and that the LLC was now the owner of the real estate was a77.54(4) (4) The sales price from the sale of tangible personal property and items and property under s. 77.52 (1) (b) and and the storage, use or other consumption in this state of tangible