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I'm not an attorney or an accountant, so do your own due diligence, but here are my thoughts.
If you currently have a lot of assets, you might want the protection of an LLC. You sound like you are just starting out, so, if you don't have other businesses or real estate or whatever to protect, you may not need to spend a bunch of dough to protect nothing.
Same question with tax deductions: if you have other income such that you could benefit from losses, definitely consult with an accountant. If you don't have significant other income, then figuring out whether you want your LLC to be a pass-through entity is irrelevant.
If you just want a nom de porn to have on your accounts you pay models with, then a simple DBA aka fictitious name statement may suit your purposes.
If you tell models your name or anything else secret, then it is no longer secret. An NDA will, in my experience, be insufficient protection. But don't get into producing content if you'd have to commit ritual suicide if anyone ever knew.
Lastly, adult work is not easy money, but it is generally fast money. In the current market for content production, if you lose money when the content is fresh, I wouldn’t have a lot of expectations of making it back on the long tail. Make sure your math works.
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