The cost of LLC creation ($125) and maintenance (state filing, CPA partnership return fees ~$500) should be considered into the equation as well. 

Would I benefit from the creation of a LLC even if the loan is still in my name?  

The trust locked in the inheritance tax value at the time creation, and allowed the Grantor to go on living and investing, but he knew that 70% of everything he had left was going to be taxed at 70%. 

I welcome additional suggestions, the link is below.Thanks, Nathanhttps://www.biggerpockets.com/blogs/7314/47144-12-types-of-passive-income-to-fund-your-financial-independenceWhile all of these are good, they pretty much all require capital upfront to generate the passive returns...This biggest category that you're not including here is the passive income that comes from the creation of intellectual property. 

Wouldn't it be better to just get a deal or two under one's belt before the creation of your biz entity?

Start by having a basic investment strategy: Are you a long-term investor focused on wealth creation, or on short-term investments (3 to 5 years)?

@Dustin VerleyI would recommended Ryan Pinneda’s 3 day conferences in Las Vegas which I have personally attended and then you can join the yearly mastermind if you wantThe 3 day conference focuses on flipping, content creation, scaling your STR portfolio and running a business in general

@Justin F.Thunder Valley Casino opened in June 2003, during the prime ramp up period in Sacramento and Placer County for real estate values during the creation of the housing bubble.

Relay is a banking solution that enables easy account creation and transfers.  

Upon the creation of the life estate?