@Shay Levy I recommend you check out this link it will help answer your question I think .

But If I close in the name of the LLC then TN charges a 6.5% Franchise and Excise tax (6.25% on net income and 0.25% on book value of the property annually ) which would be a significant amount. 

I would like to close in the name of the LLC for extra liability protection as the owner, however LLC's are subject to TN franchise and excise tax unless they apply for one of the exemptions.

I would like to close in the name of the LLC for extra liability protection as the owner, however LLC's are subject to TN franchise and excise tax unless they apply for one of the exemptions.

My name is Levi Kuhlman and I live in Oregon.

This is a community development district fee that is levied by the developers onto the homeowners in the community to pay for the club house/pool area/playgrounds.

You would be required to pay State and local excise taxes on the property if it is being rented for more than 14 days. 

@Levi Ballard - Wow.

This is the point where @Paul Sandhu steps in and says, "I give my renters two rolls of Bounty paper towels, a pouch of Levi Garrett Loose Leaf Chewing Tobacco, a bucket of Colonel Sanders finest, and the address to the local strip joint.

You’ll find me driving a dirty older truck with Levi nut huggers on and a dirty work shirt with holes in it .