A single member LLC is considered a "disregarded entity" for tax purposes and is therefore treated as if the underlying member was the buyer for tax (and 1031 Exchange) treatment. 

Please disregard the other duplicate posting. 

Since the land trust is a disregarded entity(considered yours for tax purposes), it avoids a new tax assessment and as an added benefit, avoids due on sale issues.

They said that they would aim for at least 7 touches before disregarding a prospect.

I wanted to disregard this suggested rule, but my husband was worried that it was there for a reason.

The lower basis on the primary residence doesn’t matter because you will get to exclude Gain when you sell it via sec 121.Regarding cash flow, bank will actually look at the true cash flow and will disregard depreciation when analyzing portfolio.

Single-member LLCs are disregarded entities that flow onto the member's return, not separate returns, multi-members are taxed as partnerships, and any can elect c or s corporation treatment.

Others will not, either out of ignorance or blatant disregard for the law.The best thing to do is to choose your desired municipality and google "[city name] short term rental ordinance" (and variants of that). 

I'm fairly certain that disregarded LLC is where I want to be, but I don't know if I can covert what I have from s-corp to disregarded, or if I should convert vs dissolve and re-create.

As the grantor trust is a disregarded entity per IRS code we have a bunch of schedule E's.