@evanevans wrote:
do I need to pay taxes on the income/revenue since it'll have been re-invested?
Yes. You need to report, on your individual income tax return, the income/revenue (and all other amounts) listed on the K-1 you receive from your S corporation.
Exactly what you do with any funds distributed is irrelevant and would not reduce the income you receive (or constructively received) from your S corporation.
