If these are all disregarded entities (single member LLCs) or closely held LLCs, there is a chance you could get in serious trouble doing this kind of thing, as it is likely the Judge would just Bench Slap the idea as being a flagrant attempt to circumvent federal law. 

Property needs sweat equity work, which could be counted as a discount disregarding your own time value.2.

I don't know why you would blatantly disregard these lease rules.At this point, you have 2 options: 1. you voluntarily move out by May 31.

OOPS, sorry guys, I confused part of this thread with another thread I was reading.Please disregard the last parat of mym post regarding financing on 5 to 10 properties as it was meant for another thread!

Disregard my last post.

I suggest you totally disregard the above post, Brian that is horrible advice IMO on two counts.

In that way, the member managed LLCs are considered disregarded entities, and so I would only need to file 1 (I believe, Federal) tax return.

And for tax purposes, the LLC is disregarded and the rental income and expenses go on Sch E of your personal tax return. 

Disregard the flowers I sent.  

. :( Disregard above post.