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.

Safe means after you have conservatively underwritten the deal including maintenance, property management, vacancy, etc it still has positive cash flow.

I am pretty proactive letting them know that there is wildfire smoke in our area but no one has ever canceled after letting them know.

The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.

So the funds need to come out of the LLC one way or another.Not a tax advisor by any means.

And even after the five years, you can't Withdraw any of the interest or profit without another penalty.

Looking for some creative advice that hopefully minimizes the tax bite.My business partner and I own two houses free and clear in our LLC.

The Columbus market is known for it's strong appreciation factor, low taxes, and also because it is a land-lord friendly state.

They are still a segment of housing after all.Go back 40 years and the quality of the homes was terrible. 

Biweekly checks after tax are $4k.