When we receive them in the DC area...we just disregard expirations and most agents when they see them consider them to be passive agressive.

You could just deduct the payment from the cash flow (assuming it's both principal and interest) after you run the report, while reflecting a 25% down payment within the calculator.Also, while this will impact your cash on cash return, your cap rate will be unaffected as cap rate disregards financing.

If you are ever in a position where you come into a property after its been rented for three or four years and you feel a sense of personal loss because something's been beaten up, or knocked around, or treated with total disregard, you're way too personally invested in the rental's decoration and not interested enough in how to make money with your rental.

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.