I have am the sole partner and registered as a disregarded entity.I created the LLC in Nov of this year (2011).

,Yes, you should have an EIN number for the general partnership, you can get one online very quickly. https://sa1.www4.irs.gov/modiein/individual/index.jspRead this: http://www.irs.gov/publications/p535/ch07.html#en_US_2011_publink1000208919sorry: I took 11 minutes this time,-StevenSteven Hamilton II, for some reason I was thinking that the same EIN could be used for the partnership AND the LLC taxed as a partnership as long as the LLC carried on the same business, took all the assets, etc...The LLC is just a disregarded entity for tax purposes and there has been no change in the business as far as the IRS is concerned.

Single member LLCs can choose to be taxed as a disregarded entity or as a corporation.

Assuming that you did not contribute that property to a partnership or other and yes it would still qualify as the LLC is considered a disregarded entity.

While I'm not a lawyer or CPA (yet) I can tell you that a single member LLC is a pass through, or 'disregarded', entity.

Originally posted by @Bevla Reeves:@Curtis Curley  I used my $10k to partner with my mentor on Fix & Flips.Not sure how to erase my message so please disregard.

"A lack of care that demonstrates reckless disregard for the safety or lives of others."

When I look at the Illinois Secretary of State website I can located every property with one search. because the entire series is published by the state.A single member LLC can treat their LLC as a disregarded entity and it flows through to their personal income tax return.

If we form a South Dakota LLC, can we still treat it as a disregarded entity because we live in California?

A single member LLC is a disregarded entity for tax purposes and is a pass-through entity.