As you've stated many times before, service providers can't directly advertise in the forums unless they're in the classified sections. sometimes - you'll see people just disregard the BP rules so no translation is required!

They were very unhappy, indicated I was heartless to suggest remedies that would likely displace the son and leave him with no place to stay, never mind their own disregard for the lease agreement they signed.   

You’ll also want to let your CPA know, since how you treat the transfer (as a sale vs. a disregarded transfer) can vary depending on how the LLCs are structured (single-member, disregarded, partnership, etc.).You did the right thing by moving it into the holding LLC once you decided to keep it — that’s a good habit for scaling later.

What you choose determines if it is part of your personal return (Sole Proprietorship) or if you need to file a separate return anything else.If you choose a sole proprietorship the LLC can be treated as a disregarded entity.

If you are owning it directly, and you live in a community property state, you can elect for the LLC tax status to be treated as disregarded instead of a partnership.

@Eli KimI would disregard those posting 50-100 properties in 3-5 years.

., but the quality of its service evinces a deep disregard for customer satisfaction.

If your operating LLCs are all owned by the WY holding company, all of the operating LLCs will report their taxes on the holding company’s taxes (technically, one tax filing) so long as the operating LLCs are taxed as an disregarded entity.

The FL LLC is disregarded, so for tax purposes, is it as if the WY LLC owns the property directly.

You get “paid” automatically....the llc is disregarded as far as taxes go, so you’re paying tax on any profits anyway, you simply take the distribution...no need to “pay yourself a salary” as that turns passive income into active income, with ss/med taxes getting added in.