Lastly, don’t disregard the need to build soft skills.

I am assuming the treatment would be the same as it is a Disregarded Entity, but I would like a second opinion.I hope this makes sense.

That triggered us having to pay transfer taxes, as the state treats an LLC as a disregarded entity, even if it contains the same members.Most of our clients invest using an LLC as their preferred corporate structure.

As applied to 1031 exchanges, the most relevant exceptions that allow you to disregard FIRPTA include:You (the Buyer) are going to be using the property as your principal residence, and the fair market value is less than $300,000The Seller provides you with a Certificate of Non-Foreign Status (meaning that FIRPTA does not apply)If the foreign Seller obtains a FIRPTA Withholding Certificate by filing Form 8288-B.It is important to note that the foreign Seller cannot submit the Form 8288-B until there is a valid real estate contract.

Gross negligence is typically defined as conduct showing extreme indifference or a reckless disregard for someone's safety or propertyGood luck determining whether the PM's act rises to gross Wilful Misconduct/Gross Negligence. 

If I am the sole member of a disregarded LLC, can I rent out the property, accept rent payments, and pay the mortgage in the name of the LLC without getting a brokerage licenses?

Land trust, Living trust, WY holding llc, disregard tax to holding...etc. 

I know many layman equate the "disregarded" status by the IRS to also the corporate veil. 

Fast forward to today, the loan holder is wanting back 100% of the deal and disregarding this agreement. 

A revocable trust is a disregarded entity, there is no liability protection.