Yes, you can, but unless you're a pretty big operator, I don't think its worth the trouble. The technique is to own the real estate as an individual, lease it to the LLC, and realize some benefit on self employment tax. But some try to have EVERYTHING owned by the LLC, which, of course, is just a kill shot to your foot: then, the LLC is obviously just a sham, and the corporate veil can be "pierced".
So the LLC has to own some classes of assets, usually the cattle and machinery, which are then subject to liability.
Best method for most is to make your insurance benefits more attractive than your assets. Liability insurance isn't all that expensive. Make the amount higher than your net worth, and the lawyers will generally be content with that.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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