Corporations create the double taxation issue. 

I'm not an accountant, but I'm guessing they'd tell you that if your INTENT is to have two transactions for the sole purpose of having the first avoid taxation then you should treat it as if the first transaction never happened. 

Now taxation is horrid in this income. 

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

(Federal and state)Is the income being double taxed by boh the US/Canada - is there a foreign tax credit to aleviate the double taxation.Work with an accountant who knows international taxation and real estate taxation.

And I learned about contract law, the courts, evictions, taxation on profits, negotiation and NLP (neuro linguistic programming), creative financing, seller financing, jv partnering, private lending, using self directed IRAs (it was pretty new in the 80s), managing my time, following up with "let me think it over" sellers, dealing with other sales objections, so many different skills. 

This is taxable to both IRA and Solo 401(k) plans as Unrelated Business Taxable Income (UBTI).A Solo 401(k) is exempted only from taxation on Unrelated Debt-Financed Income (UDFI) when it uses debt-financing such as a mortgage to acquire real estate. 

I choose to live in my first property with my brother for 2 years to avoid capital gains tax. At

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

An LLC is a pass-through entity meaning it pays no tax at the entity level and all items of income and expenses are picked up on the owners' returns.