Looking for advise to set it up properly to maximize tax benefits.

If you read into the best places for retirement, Tennessee ranks very high because of the quality of life, the cost of living, and minimal taxes on retirement income.  

County GIS is typically not accurate and used for determine tax value only. 

Looking for advise to set it up properly to maximize tax benefits.My plan was to have a Canadian corporation which owns the US corporation 

I've been documenting it as income for tax purposes but is it technically a rental property since the loan agreement says its a primary residence? 

You might need a CPA and/or a tax accountant to help you if you do not get a good answer here.  

Anyone have an overlying business with multiple business underneath (operations, sales/career income, prop mgmt, construction, etc)?

About 1000sq ft)Monthly expenses including mortgage, taxes, insurance, hoa etc: $950Rents $1450/moSo it feels like a good deal but here's the kicker, it needs a new furnace/ac which is a combined unit that is outside.

Taxes which you should have close on the listing.

Those areas would fit your footprint for rental appeal, taxes are moderate and pricing is good.Let me know if you have any questions.Regards,Joe Scorese