(There would also be no double taxation of sale or liquidation of said property because the C-Corp never owns or has the deed to the property).So if everything written above is correct, we can then say that the tax obligations (on both rent income and capital gain) are the same as what it would be under the traditional alternative (simply using a pass-through entity).If this is indeed the case, are there any benefits to be reaped from operating under a C-Corp in this manner?

There is no magic taxation for this type of company.

Also, if your flipping homes with Ira funds the IRA is subject to UBIT unrelated business income tax at a 35% tax rate rentals are an exception

@Justin TylerJust to mindful - you do want to work with an accountant who understands philadelphia taxation.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

Delay taxation.  

Keep in mind that we are at one of the lowest overall taxation levels we have been at in history. 

You should engage a CPA familiar with international taxation, especially since you seem to live abroad and are contemplating investing in foreign companies.Generally yes, a foreign corporation that holds and rents real property would be a PFIC...however a controlled foreign corporation (CFC) is statutorily excluded from being a PFIC and is subject to a different set of rules.

The only time I really checked out real estate prices was in Oslo, and I was surprised to see that they actually seemed cheaper than in San Francisco, though I know I didn't have any insight into the taxation of property in Norway.

Isn't that why you would create an company structure in the first place: reduce exposure and taxation benefits.