Looking at the numbers, here's why I disregarded the 1% rule when making this call.

If your LLC is a single member LLC, and you did not elect to file otherwise, it will be disregarded for the IRS, and there is no tax return to file for it now or in the future.

Disregard haha

Does anyone have practical experience with CA FTB catching unregistered disregarded LLCs, and how onerous are they on penalties?

Form a disregarded LLC or multiple ones to hold title to your real estate so that if a lawsuit occurs, the LLC will be the defendant rather than you.

One thought I had was that I'd initially acquire the property through a single member LLC (a pass through/disregarded entity to maintain my status as the tax payer on the new property) and then the new syndication partnership would acquire an ownership interest in the first LLC. 

.- I have some properties under my name as sole proprietorship, one under a single member LLC (disregarded entities in Pa) and I am separately an independent contractor (real estate agent since I retired last year).

Is a single member llc reporting on schedule E (disregarded entity) eligible?  

If you’ve received notices for increases, please disregard and pay your previous months rental rate. 2) RENT DISCOUNTS: In the hopes of helping tenants during these trying times, any tenant(s) who pay their total rent balance in full by April 7th will receive a 10% discount on total rent amount as well as discounts on payments on any outstanding balances.

We have had a fully booked month in March and April until airbnb emailed our guests to let them know they could disregard our refund policy and cancel without penalty.