LLC for house hacking?

[Maximillian Engram]

this question came to my mind randomly, should you have an LLC if you are house hacking on that property?

[Andy Webb]

No - by definition you are buying a property as the owner occupant in part to take advantage of the better financing you will get as an owner occupant, so you should be buying in your own name.

And generally I don't think an LLC is warranted on your first one, two....etc properties. Just make sure you have good liability coverage, perhaps an umbrella liability policy.

And above all, just be a good operator.  Good operators don't need to worry as much about being sued.

Andy