Starting an LLC/LP for poker playing

[r1base14]

Has anyone given any consideration to playing poker through the use of a corporate/LLC/LP structure? It seems to me that since businesses can engage in any lawful activity (and in PA, where I live, online poker is not illegal), it would be silly to not form a business association to take advantage of the tax benefits available. For example, if you were the President of the LLC or LP, you could transfer your poker funds to the company and play udner your screenname on behalf of the entity. At the end of the year, rather than just having profits to pay taxes on, you could deduct ordinary and necessary business expenses such as laptops, internet, poker literature, etc. Has anyone considered this possibility, let alone done it? I am giving serious consideration to ponying up the 400 bucks to form the entities.

Ryan