This goes to show the level of blatant disregard he has for me.3.

This is becuase for tax, SMLLC has disregarded entity. 

Proc. 2002-69 and 2002 C.B. 831, a husband and wife who are the sole owners of an LLC and reside in a community property state can choose whether they are treated as a partnership or disregarded entity.You have to understand that tax and legal matters are different. 1) for tax, you will be reporting on your personal return, Schedule E.2) for legal purpose, LLC is a separate entity, and it has to be treated separately from your personal finance.

@William Goodlett  I'm not a CPA (so consult yours), but if you have a single-member LLC, the LLC will be considered disregarded anyways and everything will fall on your personal Schedule C (for the business), or Schedule E (for the real estate). 

Usually disregarded entities (if single owner) or partnerships (if multiple owner) make the most sense from a tax perspective.I see no reason to transfer rental real estate to an S Corp before sale if you're contemplating selling it. 

@Jason Dalka you've been given bad advice on the assisted living business - please disregard all of it.  

If all cash, disregard everything I said, except, check with applicable state law as to any laws you have to comply with relating to the sale of any properties.

There are legal reasons to form an LLC, and then there are tax reasons.A single-member LLC is by default taxed as a "disregarded entity" at the federal level. 

Then raw numbers are given which are either disregarded or refuted. 

I'll explain more on my blog post in a week or two about this in detail of what happened.Seth Sherman is right...I as so shocked at the blatant disregard for common legal courtesies (like, spending more than a few minutes on a very important case and reading the Freaking EVIDENCE) didn't happen.