But the attorney did warn me it may not be worth the headache since there is a possibility her boyfriend may just do that anyway with disregard to her tax situation so she suggested that since the next cheapest 1 br unit was listed for almost $250K more that I turn around and list it for sale at $200k more or some ridiculous price it wont sell at and just give it to a high volume real estate firm to do multiple showings since the lease states there is no amount of maximum showings allowed.

Florida courts have ruled that single member LLC's are a disregarded entity in many legal matters. 

When a distress sale occurs the appraiser either disregards it as a ‘forced sale’, or adjusts the comp upward because of the distress situation.

Ideally, I'd The alternative (but maybe temporary) loophole that has been floated around is to use a disregarded limited partnership in CA as there was a 2019 FTB ruling saying that they are not subject to the $800 franchise fee.I’ve talked to a few lawyers about how to structure things and they say they would have to “refer” me out and would get back to me.

Problems arise when Boards make the choice to disregard Professional recommendations from any source; and moreso when they disregard their own Governing Docs.A common failing occurs when Board Members insist on keeping monthly fees low.

As XYZ is a single member owned by ABC, you probably have it as a disregarded entity, so there is absolutely no reason that I can think of to have a loan between both entity as it is the same taxpayer.

@Justin Denham how old are your kids and what kind of tax entity were they paid out of (S corp, LLC disregarded for tax purposes, etc.) and who are the owners of this entity (e.g., just you, you and your wife, you and a third party)?

But from a federal 1031 perspective the LLC you describe is a "disregarded entity" and the husband and wife through their joint tax return are the tax payers for the property even if deed is in the name of the LLC.

SMLLC is disregarded just like federal, so you dont have to file a return for LLCs, the income is reported via your personal state return if you owe income tax in that state.

We even have to disregard our insurance companies strict breed restrictions and risk being canceled if there's ever a claim.What's everyone doing to offset the risks that are being forced upon us with this new phenomenon?