I don't believe Peru has an income tax treaty with the US, in which case you may be subject to double taxation.

For these types of investments it is common to get a 8-10% CoC dividend monthly/quarterly, 15%+ Returns, roughly 2x your money over 5 years.

But I’m mostly concern with how the taxation part works when using a loan company.

My group has an hoa meeting every quarter.  

I am aware of electing to be treated as an S corp for taxation purposes, but now my question is, can my LLC legally flip houses if my business was created on the basis of investing through rentals/leases?

Meanwhile Joe is busy learning fundamental analysis, technical analysis , candlestick charts patterns, listening to quarterly company conference calls, diversification etc etc .

In fact the 1913 duplex was inspected by a foundation company, and they were shocked how good it was, only settled less than quarter of an inch on one side. 

I have been told that I may need to have a Canadian corporation own the LLC in order to avoid double taxation. 

We were given $550 per quarter for water/sewer both. 

I walk the property inside quarterly and outside 1-2x's per month so no issues.