Purchasing Garage on zoned Commercial Land

[Jim Themis]

I am looking into buying a Garage. Literally, the builder build "luxury" garages for people to store their toys (Think of townhouses, but 20x40 garages instead). Basically an extension on their house. However, the property is zoned as commercial. This gives a slight tax advantage in Texas. I will not be doing business out of this garage, simply storing and working on my vehicles. Does it make any sense to purchase the garage under an LLC? I read several articles on real estate and LLC but none really apply to this unique situation. I am not a mid-20s real estate investor with nothing to lose, I do have assets to protect. But does this scenario require LLC protection?

Some things I thought of that will affect:

1. If I don't pay cash, loan to an individual LLC will be higher rate

2.  Protect my own assets

3. Extra schedule to file on my taxes

Just curious what people think.