Real Estate Salesperson Receiving Commission Structure

[Christian D.]

I am transitioning from a W2 salary position to a full-time real estate salesperson (in Charleston) and was curious the best way to set up receiving future commissions. The Broker-in-Charge has asked me if I would like to set up an LLC to receive future commissions rather than take them in my personal name. I assume setting up an entity would be more beneficial from a tax perspective (due to the QBI pass-through deduction). Does anyone have any thoughts on this or do any brokers have personal experience as to which entity would be the most prudent to set up for receiving commissions from a broker -- it appears setting up an LLC taxed as an S-Corp might be the best option but would like to confirm.

Thanks,

Christian