As the other Nick in the previous post mentioned, it's hard to take someone serious when they've disregarded their personal appearance.

Since my single member LLC is disregarded, it's not like I have company expense/income.

In most cases, individual ownership or ownership through an LLC taxed as a disregarded entity will result in the lowest income tax liability.

Last but not least, some states have court rulings regarding single member LLC's that basically makes them a disregarded entity in the event of litigation.

If you do not use a Florida LLC or register your Minnesota LLC to do business in Florida, there is a risk of fines, and, worse than that, if the LLC is involved in a lawsuit, it can be disregarded as a result of not following the requirements to do business in the State.

The IRS has privately ruled that when a limited partnership relinquished property in a like-kind exchange and created a disregarded wholly owned LLC to receive all of the ownership interests in a partnership owning the replacement property, a gain deferral under IRC Sec. 1031 was allowed (Ltr.

Disregard my statement in speculation about where the sum of interest and fees comes to.

Or the apt complex may have been a single membership single asset LLC which would be disregarded in which case the tax payer didn't change.  

Rope in your attorney too.A new LLC taxed as a disregarded entity (single-member) or a partnership (multi-member) to buy the assets from the older gentleman's company might seem advantageous. 

You cannot learn an art from a mechanical process of step by step functions, you can't learn the science with disregard to principles of real  estate, the basics.