LLC's are entities that can elect to be taxed as C Corps, S Corps, or LLC's.  

You can't mix and match.At that gross revenue level, it's very possible an S election and/or a Solo 401k make sense. 

That country has been a stable democracy for 40 years with the sema political party in power since 2004 through undisputed elections without any violence. finally, I encourage you to fly to Miami from Panama City.

-She bizarrely rang the bell of the coop board president and invited the coop board to "tour" the apartment so she could introduce herself.  

Initially we planned to purchase the property under the LLCs name, but ultimately elected not to do so as the interest rates would have been higher.Would it be favorable to manage this property under the LLC or would a different organizational structure be more favorable?

If you don't like that, the appropriate channel to complain about it is through your elected representative.#2 - You are missing a tax deduction annually by not claiming allowable deprecation - so you are paying more each year than you need to.#3 - When you sell, the IRS requires you account for the depreciation claimed along the way, or depreciation you should have taken along the way (for people like yourself who ignore the rule), so you are required to pay at sale.#4 - If you refuse to do these things, you are committing tax fraud - Annually by overstating your income each year, and finally by understating your capital gain at sale.#5 - I'm going to guess part of your confusion is caused by the "two-touch".

There were a few vacant city-owned lots that the city elected to sell only to developers who built to this standard.

Please let me know what you think, thanks BB.Andrew, You could elect Subchapter S-Corporation status for your real estate business, which means you would file both a personal tax return and S-Corp tax return.

(coupled with bad loans) 
Also if interest rates move up (which i think will happen when the new president comes in to office) that will also push down home prices, but in general now is a a great time to buy i think.

@Chad BaileyThe following IRS document sheds more information on the ROBS 401k program. https://www.irs.gov/pub/irs-tege/robs_guidelines.pdfAlso, here is how the ROBS 401k program works in a nutshell.A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new real-estate corporation issues stock shares to the 401k/PSP for the benefit of the participant.The 401k participant must be an employee of the corporation and he or she may take a reasonable salary.The corporation owner's family members may be employees of the franchise business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.