South Jersey House Hacking

[Tyler Timpanaro]

Hi All!

I am interested in house hacking around the Camden/Burlington county areas (towns like Cherry Hill, Mount Laurel, Collingswood, etc), specifically at duplex/multifamily properties. Seeking potential legal/tax advice here - I have already setup an LLC with a business checking account/credit card. I don't think I have enough capital/credit history to purchase a property through the LLC, I would purchase it under my own name. Would it be a beneficial/does it make sense to run the "business" transactions through the LLC (collecting rent, maintenance/repairs, etc)?