You can also ask for prepaid rent. 

Prepaid personal taxes need to account for the profits from the S-corp, since they are taxed personally to you, not the corporation.So, by April 15th, you need to be able to estimate your S-corp profits for a good estimation of your future tax liability, but you don't have to actually file your personal taxes, only make a payment.I hope this clarifies the sequence of events described by @Basit Siddiqi.You will only need to file an amended tax return if you rush and actually file your personal tax return on April 15, before your S-corp taxes are finalized.

@Karli F.I collect last months rent from every tenant as a pre paid.

I have several rentals and I keep all the pre-paid money in that one account, so I always meet the minimum.Read the statute carefully. 

@Michael Morin   Can't say for sure without looking at the settlement statement, but I'm guessing a good chunk of what you are paying are the prepaids (taxes & insurance) which are not fees at all but are funds that are escrowed at close. 

A landlord shall not demand or receive security, however denominated, including prepaid rent in an amount or value of MORE THAN one and one-half month's rent.

They will also probably want 12 months of capex reserve to be held along with 6-12 months of insurance and property tax pre-paid.

You could also ask for the seller to credit you for "repairs" on the HUD/CD rather than rents... unless you've already maxed out the allowable seller credit in an effort to finance your downpayment (as is common these days).If you truly, in good faith, intend to occupy the property as your primary residence, and you've confirmed that the tenants are already planning to move out, then it's questionable whether it's mortgage fraud to collect the rent for the time they pre-paid before moving out.It's questionable... but it probably is, so it's definitely a question for your attorney.

Have you considered pre-paid expenses in your closing costs?

The spreads between primary and investment property loans can be very significant.With that said, does the new principal balance include prepaid items such as interest, property taxes, and insurance?