CPA's advice was to not create LLC?

[Account Closed]

Hello Everyone!

Somewhat new to BP.  But even newer to posting on BP.  I had asked for advice in another forum and someone's answer prompted a new question.

I am about to close on my first duplex next month. I run all of my major financial decisions by my accountant before making any moves. With this duplex, I told my accountant that I was paying cash and right away he advised me to create an LLC. I asked him about the differences in financing when I deed a property to myself versus an LLC. Some of the things I mentioned to him were higher rates, shorter terms and higher premiums for insurance because I was under the impression that deeding a house to an LLC would turn my entire venture into a commercial venture. After I told him that I plan to finance multiple other properties in the future, he retracted his advice to create the LLC and said that if I'm financing other properties in the future, to just deed them to myself and forget about the LLC. I searched numerous forums about which business entity to create. However, I didn't really find any that mentioned any of my concerns specifically (rates, terms, insurance). Does anyone have any thoughts about my concerns? Are my concerns valid? Or does creating an LLC somehow offset the higher rates and insurance premiums? And if so, how exactly? Thank you all for reading.