You really need to talk to a local tax pro to get educated on this "situation" you are trying to set up since it depends on state laws as to what is allowed and/or better. Jumping into an LLC may not be the best option and if you get a personal loan to buy the home and you don't title it into the LLC's name you may have other issues. Also you may not be able to get a mortgage in the name of the LLC and do you really need an LLC as a married couple. PLEASE take some time to get educated from a local tax pro and/or RE attorney.
