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Right skewed 5-point Likert item: Transform or median split?

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Hello,

I am interested in your opinion regarding the following:
I have a 5-point Likert item which is left skewed. Using ladder and gladder indicates a cubic transformation as the prime choice.
Alternatively, it is possible to perform a median split in order to dichotomize the variable into 0/1 .
The final variable will be used as a dependent variable within a regression model.

The question that I have here is which procedure would be "better"?
Transforming the variable makes it a bit uncomfortable (for me) to interpret in a regression model.
However, performing a median split to run a logistic regression model appears to me a bit troublesome:
Here, I am wondering what you would do with hose values that represent the median? Would they be included
into the = or 1 category? Or are there other ways to deal with it?

I am thankful for your opinions.

Andreas

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