@cptofthehouse - I think we are in agreement. I’m not saying that rental property can’t qualify as a small business - just that one needs to meet a higher test than just owning the property in the name of an entity.
@intparent - yes, you are correct that a disregarded entity is the default classification for a single member LLC. Multiple member default would be partnership taxation. Either can also elect corporate tax treatment. The beauty of a LLC.