<ul><li>Building and managing a Special Purpose Vehicle (SPV) involves several structured steps.</li><li>The first step is forming a Limited Liability Company (LLC) as the legal entity for the SPV, providing liability protection and tax efficiency.</li><li>Obtaining an Employer Identification Number (EIN) from the IRS is necessary for tax reporting and other administrative tasks.</li><li>Opening a dedicated bank account for the SPV is crucial to handle investor funds and transaction-related activities.</li></ul>

SPV 101: How to Build and Manage a Special Purpose Vehicle

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