Cash out refinance and distributing cash flow to owners

[Gary Cornwell]

Please for give the newbie question, and if the answer has already been posted, please just reply with a link to that thread if you would, please. 

I own a small business (LLC with 35 employees) currently, and it has been pounded into my head that any money I take out of the company has to either have already been taxed and is therefore a distribution of equity, or it has to be classified as a loan that I must pay back to my company with interest.

I am beginning the journey into real estate investing and I am confused as to getting cash out of the real estate LLC that I just set up. Let's say that my properties cash flow 50k in a year, but my taxes show a negative profit due to depreciation, and all the other write offs. How do I get at that 50k without the tax man coming after me? And similarly, if I have a property that I do a cash out refi on, and I end up with 250k in cash, how do I access that money. I know that loaned money isn't taxable, but it seems like it is just this magic bucket of cash that is sitting in the bank. How do you access it, and how is the entry shown on the books? Is it also considered a loan to me? Is it a distribution?

Any help would be greatly appreciated!!

-Gary