Creating an LLC

[Brandon Martinez]

Hello All,

My apologies if this is a simple question. But I have to ask to gain some knowledge. 
my question is the following, I have a multi family home, I noticing online a lot of investors have there assets under an LLC.
Will my property taxes and mortgage interest rate change if I place my property under an LLC going forward ?

thank you! 

[Jason Taken]

Quote from @Brandon Martinez:

Hello All,

My apologies if this is a simple question. But I have to ask to gain some knowledge. 
my question is the following, I have a multi family home, I noticing online a lot of investors have there assets under an LLC.
Will my property taxes and mortgage interest rate change if I place my property under an LLC going forward ?

thank you! 

 Taxes - if you're wrongly claiming exemptions your taxes could change.

Mortgage - if you're using owner occupied loans and you deed to LLCs, you could risk having the note called due. Commercial note rates are typically higher than primary.