All investor funds distributed at sale closing.

An LLC gives you limited liability without imposing double taxation on you, the way a corporation would, where the corporation is taxed and then you are taxed again when the corporation distributes profits to you.  

It seems like people are just hearing those terms and jumping on it .https://www.bloomberg.com/news/articles/2017-12-18/fintech-mircocap-stock-jumps-2-400-after-touting-crypto-linkI am sure most of these companies won't be around forever but I dont think the technology will be going away especially with huge companies researching and implementing it .I was young during the dot com bubble but was following stocks and the market at the time and this feels very similar with these tokens surging so much in price .So far I've only invested a very small amount in ICO , the team seemed very legit and they already have an existing related legit business .Still trying to figure out token distribution and actually being able to trade on the crypto exchanges it's been interesting though .It's not a user friendly experience and there's lots of new terminology and words to learn and different random tools like wallets etc .. but that's kind of what makes it fun too .

With no false modesty, I would put my basic floor tile installation technique up against any other professional's in my area.

There are a bunch of techniques. 

Put the money in pcq it's a Muni bonds fund that pays monthly distribution like rent and is tax free since it's Muni. 

My question is, does anyone else have a similar business structure and if so, do you take your profits from your flips as a distribution or as wages in the form of paychecks?

Below is what you need to know that underwriting and programs guidelines don't tell you when considering a 223(f) apartment loan.AdvantagesHighest LTV in the marketEliminate refinance and interest rate risk with fixed rate terms up to 35 yearsLow fixed rates based on GNMA securitiesNon-recourse and assumable - makes for a great exit strategy especially in a rising rate environmentNo defined financial capacity requirementsNo geographic restrictionsNo minimum population requirementsSupplemental financing availableDisadvantagesLonger processing times - 120 days at a minimum (6-9 months is typical)Higher fees - HUD and FHA fees add to the overall cost of the loanMortgage Insurance Premiums (MIP) - Initial and annual premiumsAnnual audited operating statements requiredReplacement reserve escrows requiredHUD property inspections requiredOwner distribution restrictions and Cash out restrictions 2x a yearProperty condition is important to HUD, both during initial underwriting and over the life of the loan.

So I will design and build this software and distribute it here for everyone to use.

The vast majority of the distribution was tax free last year.