Single member LLC is a disregarded entity as far as the IRS is concerned.

It's very tempting for me to disregard certain risks in order to rush into my first deal.

It seems like it should be a really easy fix and the KY Dept of Revenue is supposed to be mailing me a bill / letter / whatever after she updated my information to reflect my goal of being a single member LLC treated as a disregarded entity for tax purposes (which she's says is considered to be taxed as a sole proprietorship and still subject to the LLET).Is there a way to just pay this without amending a return?

The OH LLCs hold title to the property but they are disregarded and flow down to the individual. 

The LLC will be treated as a disregarded entity and you will report the income on your personal return.

The most common is a domestic (e.g. in the same state as the property) LLC, taxed as a disregarded entity or partnership (the default). 

The aforementioned conduct of PIP East, LLC was malicious and/or an intentional misrepresentation, deceit, or concealment of a material fact known to PIP East, LLC with the intention on the part of the PIP East, LLC, PIP West, LLC, Charles Sells, and Lena Sells of thereby depriving Plaintiff of property or legal rights or otherwise causing injury, and was despicable conduct that subjected Plaintiff to a cruel and unjust hardship in conscious disregard of Plaintiff’s rights, so as to justify an award of exemplary and punitive damages.THIRD CAUSE OF ACTION (False Promise)(Defendant PIP East, LLC, Lena Sells, Charles Sells and Does 1-50)61.

If that's not what you're doing, disregard my comments. 

,If your intent is to show an installment sale on your terms can net the seller more money (disregarding taxes) than the seller might receive on a lump sum purchase, then go for it.  

@Jason Crowe there are none.........an LLC is a Disregarded Entity for tax purposes.