There are many, many types of trusts, each drafted with a given set of objectives: privacy, asset protection, tax avoidance, charitable remainder trusts, generation skipping trusts, beach bum trusts, etc.Also, you need to be very specific as to the taxable events.

I think tenants would find the privacy appealing.Please feel free to weigh in...

To a lot of people, even those that don't use drugs, it feels like an invasion of privacy, and they'll just take their business elsewhere.

Some prefer to hold in a trust with an LLC as beneficiary for estate planning and privacy protection.

Personal injury losses may occur due to alleged wrongful eviction, invasion of privacy, or discrimination.

It is too hard to police everyday and not a workable system (you'd be stressed and in conflict and maybe violating their privacy if peeking in or around the place too much).

Think of five major benefits of an LLC1. added privacy (especially in NV and WY)2. added asset potection 3. additional tax advantages 4. additional credit building possibilities utilizing your EIN# (no drag on your income to debt ratio).

some people say LLC provides privacy of owners (which is not in the case for CT business. 

Enjoy privacy, peace of mind.2.

Part of my expense is to put a privacy fence in the back of the house to buffer the house from a huge dog that hangs over the chain link fence - no way in heck anyone is going to live with that.