I am going to buy a property, do I have to set up a SCI (Société Civile Immobilière)? What are the pitfalls of SCI? What advice should I follow to set up an SCI?

The SCI (Société Civile Immobilière) is a social form which is the source of many misconceptions. Contrary to popular belief, it is not suitable for everyone and does not provide any tax benefit.