Invest as a trust vs an individual

[Gaurav G.]

Hello - 

I will be investing in an multi family apartment complex via an LLC. I have always invested as an Individual in past but now that I have a TRUST (living trust), is there any benefit to invest as a trust vs an individual?

Will I have to file separate tax returns as a TRUST when I get the K1s every year & at the time of the sale?

[Alina Trigub]

@Gaurav G. You should consult with your accountant on the question of filing taxes. 

Since I'm not a CPA this is just my opinion. If you have a revocable living trust you do not have to file 1041. 

But I'll let accountants give you more guidance. @Michael Plaks, @Ashish Acharya you want to chip in?