If you properly consider accounting and taxation, the profit or the loss you think it is could be totally off.

After that you will need to structure your investment (in all likelihood, LLP to avoid to double taxation that comes with LLC). 

I haven't researched much on how this will play from a taxation standpoint.

If the syndication was using debt-financing, this could mean that your IRA has exposure to taxation on unrelated debt-financed income (UDFI). 

If you are the majority owner, the attacker would control your business by virtue of share control.While you have access to a wide range of deductions and the ability to set up fringe benefits without taxation, the biggest tax disadvantage of C-Corporation is the “double-taxation” issue.

I see that you are trying to keep your business net income in the C-corp, but there will be double taxation when you will need it.

Now, what you might be thinking is that you could actually have a LOSS from a tax standpoint due to depreciation and other expenses even though you have net positive cash flow.  100% read up on rental income taxation and or talk to your CPA so you have that down. 

There are many accountants on this platform who specialize in taxation for real estate investors.

@Tyler AltomareThe underlaying principals of investing in real property are the same, however you will find there are substantial differences in regulation, finance and taxation between Canada and the U.S.A.If you search the forums here on BP, you will find several threads listing Canadian reference material.

From my understanding, you can also file an LLC under S Corp taxation but how is this different than just filing it as an S Corp?