Why move it to an LLC? What is the powerless model? I've been really interested in Jack's product but would like thorough understanding of how it works and how to execute it properly. Do you have any resources you could share?

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An LLC can deduct the loan interest while an individual can't. An LLC also protects it from personal liability.

There are many benefits to the LLC route. My honest advice is spend a few hours brainstorming with GPT. You will have questions as you learn and it will provide answers... just check it all before you start executing!!!