LLC, Tax Benefits, Rentals

[Account Closed]

Hello BP!

I have a question about using an LLC. Seeing as it is more difficult to get financing for rentals using an LLC when starting out, would it be an option to purchase a property in my personal name, then sell that property to the LLC I own using the ‘subject too' method, keeping the mortgage in my personal name? Would this be a legal way to limit personal liability when it comes to rentals while still being able to take advantage of tax benefits on my personal income?