I tend to disregard or fight rules that are unequally applied especially if I am definitively not causing any kind of local nuisance.

A RLT is disregarded for Federal Tax purposes

Disregarding the fact that 4% of even $2million isn’t a lot today and it would be half that in 20 years and 1/4th of it in 40 years.

@Joe S.With a single member LLC, its disregarded at the Federal level meaning the Feds just don't consider your LLC as a separate entity for tax purposes. 

These are among the basics that I often had disregarded, but are essential to success.

It's a legal entity, so it helps to be specific regarding the LLC's tax status when we talk about taxes relating to LLCs.And LLC can be taxed as a disregarded entity, C Corp, or S Corp if it has one member, or a partnership, C Corp, or S Corp if it has more than one member.If it is taxed as a disregarded entity, the rental is generally reported on your 1040, Schedule E. 

If those are all single member LLCs and disregarded entities then you're actually selling and buying with yourself.  

However, I made the mistake of forgetting to tell a couple applicants to disregard the credit/background check portion of the application (through Cozy), and they both completed them ($40 per applicant).  

If you are the only member of those LLCs and they do not file their own tax returns then they are what the IRS calls "disregarded entities". 

Solely my non-qualified opinion and not to be taken as advice.I'm assuming you are considering forming an SMLLC (where you are the sole member).From a tax perspective:1) An SMLLC is a "disregarded entity" from a tax perspective and will pass through to the Sch E of your 1040.