Comment by mindslight

The problem is that if you try to do this with only a small amount of wealth, the government will end up characterizing all of your nicely laid out corporate structures and duly filed paperwork as a self dealing tax dodge. These type of schemes only work when you're playing with an outsized amount of resources to involve enough other people and make it a group project. This even applies to the basic dynamic of an LLC itself - if you yourself are performing any role for the company, you can still be held personally liable based on those actions. The limited liability mechanic only works when everything is being done by judgement-proof patsies.