C corporations often cause you to experience double taxation.

Taxation status and company legal formation are two different things.For a disregarded entity you will have no tax filing.

An LLC is a pass-through entity for taxation purposes.

Now I just need to figure out how to do the recapture tax. At

(On the plus side, by thinking of this ahead of time I won't be rushing in April)@Ashish Acharya thanks for the tip on S corp taxation.

@Ron Fletcher, I did not think of the increased property tax at all after the renovation.

Arlen Chou you bring up a great point on taxation.

Everything else - start with a consultation from one of real estate taxation experts.

The only way to achieve this outcome would be to elect C Corp tax status, but now you have the problem of rental real estate inside of a corporation and expose yourself to double taxation. 

Also I don't need a tax shelter because I live abroad and earn less than the threshold amount required for taxation.