Please seek out local professional assistance, as there are legal, state and local issues as well. But here are some things to consider:
1. If your state has a homestead exemption on property tax, then your LLC is not going to qualify for it. So your property tax bill will be higher.
2. The LLC will not qualify for Section 121 Capital Gains Exclusion on your primary residence whenever it sells the home.
3. Your property insurance will likely be higher, as you have to pay for a landlord policy owned by the LLC, and a renters policy in your name.
4. Unless your house is owned free and clear, it would violate the lender's Due on Sale clause.
So there is cost/benefit analysis to be done.
