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Novice question: reasons for owning your house as an LLC?

Perhaps this type of post isn't allowed here but this is the first place I thought to ask it.

Looking at the property records on my city's public GIS for a bunch of super nice homes, I notice that a number of them are owned by LLCs named after the address in question (ex 123 Jones Ave LLC).

Why is this?

I pretty certain these aren't rentals, but can anyone tell me the incentives to form an LLC for just owning your home? Is this just investing by someone with multiple or many properties or is this some clever rich-people-homeownering secret I've not been told about?

Thanks

submitted by /u/7_of-9
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source https://www.reddit.com/r/RealEstate/comments/sh0mtt/novice_question_reasons_for_owning_your_house_as/
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