You'll need to start "managing" your taxable income recognition -up not down (i.e. capitalize stuff instead of expensing it, for example).

I believe loan proceeds are not taxable (except under some alternative minimum scenarios).

Sounds like you may have created a taxable sale based the information you have provided.Like Ryan said 1031 exchanges must be handled properly otherwise they won't be recognized.

. $30K, new property is $55K...If the selling price of the relinquished property is more than the price of the acquired property, the difference (neglecting transaction expenses) is your taxable gain ("boot" is the term used).

. $2,200,000-acquisition priceretail neighborhood center-Property type $187,854-NOI$1,430,000-Loan amount5.5%-Loan interest rate8.54%-CAP rateWith a taxable income, post loan payment, per taxation of $81,683 and a down payment of $770,000 provides your buyer a cash on cash return of 9.42%$770,000/$81,683=9.42%Through leverage you can see that the buyer can realize a higher rate of return.

The seller will report a portion of the buyer's payments as a return of basis, a portion as taxable profit (capital gain), and a portion as interest income.If the seller owned the property free and clear.

If you had a sole proprietorship, I believe the taxable income could pass through the LLC onto you, and you then only have to pay personal income taxes (not be taxed for the income as an LLC, then individual... with sole proprietorship LLCs.)

If, the same year you decided to buy a “Loi Malraux” for 100 000 € for the building and put 400 000 € of rehab, over 2 years, you would be able to deduct 200 000 € off of your 300 000 € revenue (300 k-200 k = 100 k of taxable revenue and pay only 15 000 € of taxes per year for 2 years if you made the same revenue the next year.

If you are the owner of the LLC, then you have a distribution from the S-corp to you as the 100% owner and this is a non-taxable distribution provided you have basis in the S-corp stock and then you are contributing it into your LLC as a partner would and receive additional value in your capital account of the LLC.If the S-corp is the owner of the LLC, then you have a straight contribution into the LLC and receive additional value in the S-corp's capital account of the LLC.You also need to determine what the purpose of transferring the property is and what the intent will be.

You will have the opportunity to have tax losses reducing your income due to depreciation expense (non-cash expense) and still be able to pass out non-taxable cash distributions to partners.