Taxation and again if anything specific with being a foreign national?

@Billie Jo this was more about creating a management co to receive "management fees" that would be established as a S-corp for purposes of employing me and some family members that help me with the business so i could write off employer's portion of FICA taxes and have an ability to purchase group health insurance through the business. my properties are set up in regular LLCs that pass income to me personally as S-corps have double taxation. at least it was my understanding of the tax side.  

Feel free to reach out if you have some questions on the taxation.

And then what happens is the lender "discovers" that five figure transfer tax at the last minute, and only then does the consumer learn that the basis for them picking that "lower closing cost" option was completely bunk!

However, 2022 is the last year to take 100% depreciation.Capital Gains Tax at SaleWhen the asset is sold and the partnership is terminated, initial equity and profits are distributed to the passive investors.

Lauren, I recommend finding an accountant that specializes in real estate taxation over one that is local.

Account ClosedA clarification is in order.All tax exempt entities are exposed to certain taxation in certain circumstances; when they engage in a trade or business on a regular basis, or when they utilize debt-financing.The taxable income generated from those activities are UBTI (unrelated business taxable income) and UDFI (Unrelated Debt-Financed Income), respectively.The tax paid is UBIT (Unrelated Business Income Tax)A qualified employer plan such as a 401(k) is generally subject to tax on debt-financed income. 

I am not talking about hiding out here I am talking about taxation.  

I am looking for an accountant familiar with the rules for Vermont taxation for my short term rental property.

C-corporations have double taxation (tax on income at the corporate level, and tax on dividends when earnings and profits are distributed to the shareholder/member), while S-corporations are flow-through (so no double tax).