—We use an Enrolled Agent to do our taxes, as we were often deployed and an EA can stand in our place if we got audited. 

But you know, If I'm going to get Audited one day. 

The IRS Cost Segregation Audit Techniques Guide, that is ;)Better to have it done right using a forensic detailed methodology so you get the maximum allowable benefit without overstating or understating.

Increasing the prime adjustment five fold and "artificially" raising the rate (especially knowing that your intent is to grow the account by doing so) would likely expose you to some risk in the event of an audit.

I guess just be careful because your licensed your expected to on some level to act as impartial.

But, there has to be an easier way than having to go through a company audit just to invest in another country.

It is important to keep your receipts on your improvement purchases in case you are audited.

If he cannot explain the reasoning behind the position, seek a second professional opinion.If the reason to setup an S corp is to deduct your unreimbursed employee business expenses for your full-time job, that is likely wrong (I don't have all of the facts) and would not hold up under audit.

As long as you can document the unforeseen circumstance and your initial willingness to move in you should be fine (in the event you’re audited).

LLC electing S-Corp status is usually beneficial when flipping houses, but be careful that your CPA helps you with the "reasonable compensation" aspect- as that would be the main audit risk.