Converting primary residence in 78745 into rental property. LLC?

[Daniel Tisdale]

Hi,

I am in the process of converting my primary residence in 78745 into a rental property as I am purchasing a new primary residence. How important is it for me to protect this asset in an LLC? I want to grow this business in the coming years by acquiring more properties and want to set myself up for success from an asset protection perspective. I also understand that I will be able to deduct business expenses if I form an LLC for my rental business.

Any thoughts on if this is overkill or not?

Thanks,

Daniel