They are just disregarded for the tax purpose. 

Somebody correct me if i'm wrong though, I don't mean to disregard good advice from anyone. 

Pretty unsettling that some people are saying to lie about or disregard what you said.

If not, then disregard. 

You would not file a partnership return for both First LLC and Second LLC as they are disregarded entities. 

@Christine Krizenesky I see it is your first post welcome to BP.Presuming  the LLC is taxed as a disregarded entity or a partnership, you simply write yourself a  check.

If guests disregard the check out time, especially after asking and being told "no," I will charge 1 night's stay against their damage deposit IF their tardiness actually resulted in a disruption to my cleaners' schedule such that I need to compensate them extra, or I have to delay check in for the next guest; otherwise I'll just ding them on the review for how well they follow the house rules.

Nothing to say it's impossible, but on average you'd do just as good (with index funds, etc) if you are in it for the long game-obviously if you are in it purely for the cash flow and immediacy of funds coming into bank account consistently- with a tax shield in place, then disregard.

I wouldn't recommend spending money on a bootcamp however.I would also caution not just to disregard broker projections but most things that are put out, and I say this from personal experience as I am a broker.

A single member LLC is treated as transparent or disregarded under Federal income tax law.