1. @dkh I don't know.  Loans would provide cash and basis if the right type of loan

2. Capital gains from distribution > basis are okay if at 0% right?

3. My biggest S Corp client shareholder has high profits, high wages, flexibility in distributions, CA PTE (limited by SSTB), rental losses (passive, no material participation).  Exciting work for me but also a bit daunting for me to do good tax planning. The more I know, the more I don't know.