I would like opinions on this possible scenario: I plan on forming my Lawn Care venture under the LLC format in the state of R.I. This would be a new venture with no capital upfront other than my personal credit. Obviously, I would not be able to get credit based upon the company since it has no history, so I am thinking of using my credit to purchase the equipment I need. So here is the hitch, I won't be able to transfer my (future) truck and lawn mower into the company's name until I had complete ownership of it once it is paid off, but I am thinking about renting the equipment from my person to the company. The reason I would do this is to remove all (minimize) liability from me, the individual, to the company in case of any situation that would lead to a lawsuit. So what do people out there think? Is this feasible, smart, is there something better I could do?