If you are unsure of a particular deal, ensuring you have multiple exit strategies can shield you from potential plans going off course.

When forming an LLC to hold rental property (this is basically done for liability protection) is there a specific wording of the operating agreement that must be employed in order to achieve the strongest liability shield.3.

Anyway - my question is LLC vs S-corp as a vehicle to shield from personal liability and taxes.

The virus accelerated a long-running shift toward online buying and away from on-premise shopping at brick-and-mortar locations.

Since you are lending money to do deals outside the IRA, the only income you are shielding from tax is the interest on the loan. 

All you really need to do is to use your marginal rate for the tax shields in your cash flow statement.

Trying to manage your property through an LLC has no real advantage as you are still responsible for the management and if not maintained properly it most likely won't afford any advantage as to protecting your assets or shielding you from liability.You could have a car accident and end up losing the LLC as it is personal property you own, all assets held by the LLC are then gone or the income gained from the entity can be lost.

The liability protection of the LLC shields an individual member from liability for the actions of another member, but does not necessarily relieve you of personal liability for actions you undertake yourself.  

Fear of job losses, fear of higher taxes, fear of a virus, fear of having something taken away from you like a gun (double fear, because first they take something from you and now you are left without protection) are powerful manipulators. 

For example many people in Germany believe that Chacelor Angela Merkl instigated the virus when she was visiting the Wuhan lab a few years ago.