All courses I've seen encourage this behavior as well as relying on licensed professionals.PS: but it's America, I don't think you can 100% protect yourself from getting sued.

most of our clients that do both activities set up separate corporate identities for each activitiy.

if you do business outside of the state you register in you need to domesticate your corporation in the new state and register it there as well.

They wouldn't use a real estate CPA to advise on corporate international tax havens the same as they wouldn't use a business CPA to advise on the intricacies of the passive activity loss rules and the IRS Tangible Property Regulations.

And yes it is likely that Bank of America would pay the taxes off anyway. 

Would any mortgage lender allow an already existing corporation purchase the property with a personal guarantee from my self and my business partner?

Did you know we recently got voted one of the best cities to have a job in America?!

Using Options and Corporate Pension Plans to Convert Equity to Income with Minimum Taxes.

I've been working for AT&T for the last 16 years and I'm looking for something different because of the down sizing that is taking place and I'm low man on the totem pole, plus my job will be contracted out in the next 5 years so I'm looking to take charge of my own financial needs and not have to rely on corporate cesspools for a paycheck.

I traded my RE and mortgage broker's licenses for a corporate banking job as a last resort.