Rental Property Investor · Rockford, IL · Member since 2014 · 4k+ posts · 2k+ votes
9y
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.