Person A Makes 150,000 a year pays 28% income tax Person B and C make 30,000 a year pays 15% income taxOkay so what im trying to get at is could you make the argument that it is unfair for Person B and C because they could be taxed at a lower rate personally instead of having the whole trust taxed at the high 39.6 rate (note Person A, Person B, And Person C all have 33 percent shareholding and the get the same dividends)It just seems like the savings within the S CORP work out good for Person a since his income tax is already high and the s corp saves within itself.Is this all sound?

Banks will also  want to see the tax returns of any businesses where you are a major shareholder.

@Chris A.Most international investors do not want to go through the hassle of having to file a US tax return.An international investor investing in real estate in the US, directly or indirectly through a partnership vehicle will require the international investor to apply for an ITIN and filing of a tax return.However, if the international investors pool the money together and become shareholders in a corporation that ultimately invests in real estate(directly or indirectly through a partnership) will not require the international investors to file a US tax return.

We have a shareholder agreement in place to make sure everyone is in the same page.

If you are running a REIT and are actually tasked with this for a shareholder publication, I'd suggest pulling gross rents and median sale prices from the census.

Several reasons:1. the bank does not want to reward the borrower by allowing him to get the property at a discount. ie the the bank bids 50k and the borrower bids 55k, then the borrower gets the property for less than the original balance owed.2. most loans have been sold so that they (the lender) have a contractual servicing agreement to bid the balance.3. many loans have pmi so that the lender gets paid in full. if they bid less, then pmi pays less.4. the many states have laws that require the lender to bid market, since market is hard to define in a foreclosure, they bid the balance to stay safe.5. left hand right hand. the legal team does not always get the asset management team on board until after the sale.6. many states have right to redeem the property, a lower bid means that they can redeem for less.7.you never know if someone will step up and pay.8. accounting rules for banks and potential losses are complicated but in general, a lower bid is usually not good for the bank where as a REO can be "fudged".9. accountability, banks are owned by shareholders, selling below market would be a breach of fiduciary duty to the shareholders.

In that scenario you will want to have another set of accounts for the second LLC.In regards to the S-Corp it's a pass through entity as well with an extra feature that it pays dividends to shareholders.  

Investors being the residents themselves theirfore (accredited; non accredited shareholders).

And the coop board process can take months, with lots of nonrefundable fees, just to be rejected with no reason given.Back in the 70's and 80's many of the corporations ran into financial trouble because the share holders stopped paying their mortgages so the corporations had to raise their maintenance fees to cover the interest payments.

And a corporation may retain the income, but it still pays federal taxes on it, and then when it is distributed to the shareholders, they pay tax on it AGAIN!