For those who are monetized, what do you suggest in terms of tax status?

For those who are monetized, what tax status path do you suggest?

Hey! I am starting to think about how I want to handle monetization for my YouTube Channel, as I hit the required milestones for AsSense revenue and am just waiting for the watch time to update!

This is how my channel operates right now: Im a gaming channel, I have an editor who edits for me on a per video basis. I live in an apartment with roommates, and pay rent and utilities monthly. I don’t have any video sponsor prospects yet, but if the right one came around I would make a deal for revenue. These are the only things that come to mind, besides maybe buying equipment or more games to make content with.

What routes make sense? Sole proprietor? LLC? Just add it to my regular income? Any advice would be greatly appreciated, thanks!