As many create a legal entity for the "asset protection feature" and not tax consequences, please comment on How or IF the flow-through/disregarded entity classification impacts asset protection.

Starting in 2018 the new tax cut act removed computers from the listed property classification and can take full advantage of the section 179 bonus deduction EVEN if used less than 50% for the business. 

What is the default tax classification of a single-member LLC?

I would suggest acquiring all of the financials on the portfolio and packaging them into an easy to read list that shows pertinent information (i.e. cap rates, rent rolls, classification breakdown of properties, etc.).

If you get to my class you'll find that I'm not obligated to spoon feed the basic concepts of RE, that is your resonsiblity to get that before you come to my class. If

If you conduct all activities under one classification, it will be very difficult to minimize the tax consequences of each.

With those classifications of "ghetto" and "warzone" and "class C" versus other classes, I seem to rent out properties in "class C" areas.

Its personal preference.Regarding the classification-Not sure if I understand the question completely, but single member LLC's (unless you opted otherwise) are disregarded entities, and therefore, there is no balance sheet on the tax return.

I've taught Dave Ramsey's Financial Peace University through my church and I thought maybe it's worthwhile to offer to send my renting families through the class?  If

I have rental property in the city of Frederick, MD. where source of income is a protected class.  If