If yes, does this affect taxation of distributions?

Distribution payments have come in on time and i have never been concerned with them paying. 

Based on Noi/Piti derived from the 30 year amortization?

I would prefer to manage everything through the LLC's account for bookkeeping and tax purposes.Proposed Solution:Open a new joint personal account specifically for making mortgage payments.Transfer the monthly mortgage payment amount from the LLC's business checking account to the joint personal account.Document these transfers as "Owner's Draw" or "Owner's Distribution" in our accounting records.Use the joint personal account to make the mortgage payments.Questions:For the CPAs and accountants out there:What are the tax implications of this approach?

You may deal with less space, a basement or attic unit (see below), but your goal is probably to hack it for one year.And then there is the 2 + 1 or another derivative.

I sell at no profit and build at no profit. all money goes into the deal, lowest cost, lowest risk, and then distributions at the end are my deferred GC fee and realtor fee and cash for the land brought. it's dollar for dollar equity negotiation and I end up with 35% payout in the capital stack. tells hem to put all their build profit into the deal. if they won't take that move on. you are bringing more than enough 

We would follow abandonment processes for getting possession back and storing belongings.But we are less likely to encounter this because we have this clause in our rental agreement:In the event of abandonment, arrest or death, the following person has the authority to decide when to terminate tenancy and how to store/distribute my belongings:Name: ____________________________________________________Address: ____________________________________________________Phone #: ____________________________________________________If we have an applicant who will be living alone we include this wording.

As I thought, get the purchase agreement that includes a special stipulation saying we'll pay the unpaid taxes.submit to title company and perform searchfund escrow accounttitle co will distribute funds at closing.shooting for a two week turn around or less.

I get quarterly cashflow, periodic large distributions from their refinance, and appreciating equity.

@Romane DaleyYou can't borrow from an IRA; the only way to access IRA funds for personal needs is to take a distribution, which would be taxable, and penalties on top for premature distributions.