Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

A five year hold with the example reflects: Cash out refinance (NET tax free): +/- $215KCashflow assuming 6% interest at 900K: $42KDepreciation write-off: $150KRealized income: $407K ($81K per year)Now, paying $800K for an asset which might be actually worth $750K (6.5 CAP) seems worthwhile.

I am looking to purchasing a property with investors and trying to figure out how to structure it so that the corporation can receive the tax benefits of managing the property.

There are some pros & cons for sure: Pros: 1 payment versus multiple easier to keep track of, some times higher LTV than individual loans. cons: there is a “break fee” on most, if you want to sell 1 or refinance 1 property in specific you’ll have to pay this fee to rebalance the blanket loan, typically 1-2% of remaining balance.

I would have owed about $70k in taxes.

There are some that can seing 85% however be catious of additional qualifications/requirements and additional fees/payments. 

LICENSE AND FEES $8000, CUSTOMIZATION OF THE HOME $5,0000, CONTRACTORS (I HAVE NOT IDEA JUST FROM WHAT I HAVE BEEN TOLD $5-$10,000 BECAUSE THERE ARE NO HEAVY LIFTING, CRANES OR HEAVY TOOLS), AND LETS DO $10,000 FOR EMERGENCIES.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I am in the midst of trying to get back a $99 "membership" fee that was charged after I cancelled.

When you are putting less than 20% down you have to escrow your taxes and insurance into the loan & payment.