Thanks @Anonymous_, what about these 2 scenarios:
1) What about in the benefit of being able to pass on the equity holdings (equity in startups in this case) to heirs. With an LLC you can transfer it to or add people into the LLC without triggering taxes. Whereas, if it were to be held individually and I pass on, wouldn't the inheriting person have to pay taxes on that equity that is being passed on to them? Or will taxes only be paid if the owner sell stake in the company.
2) If there were profits generated from the startup investments within the LLC, wouldn't I be able to write off expenses against that profit? I can't do that if I invested individually.
