Are there advantages in setting up a trust vs and LLC in SC?

[Joshua S.]

What are the advantages in setting up a property trust vs. an LLC for South Carolina real estate?

[David Dachtera]

Trust, S-Corp and LLC(s) are all elements you'll want to have in your business entity structure.

The trust replaces you as the owner of the other entities - none of them should be owned by a human person. This provides isolation to protect your personal estate / possessions and is your first layer of protection.

The S-Corp is your operating company. Money flows through it. You become it's employee so you are not self-employed. It is owned by the trust.

The LLC(s) are the holding companies for the rental properties. It is / they are owned by the S-Corp and the trust.

Control everything, own nothing.