[Owner Occ 2plx] Sole proprietorship/EIN for bus. bank & cc account, or wait for LLC

[Christopher Kolasa]

I acquired a duplex in December in Massachusetts and owner occupying, regarding setting up a sole proprietorship to gain a business bank and credit account, is it worthwhile to do so or wait to set up an LLC. Current plan looks like

1. Register with the IRS as a sole proprietorship in order to create a business bank account and credit card account today while I occupy one unit and rent the second.

2. In one year's time, I'd like to move out, rent both units and create an LLC for the legal structure to hold the property, transfer property to LLC.

Is it worth it to register with the IRS as a sole proprietorship in order to gain an EIN for the business bank and credit accounts, or simply create a personal bank account for all rental activity in the meantime and wait till I get an LLC down the line. It seems EIN's are not transferable and may just complicate the process if I set up the sole proprietorship now.

Much Thanks.