No and no. You seem to be flailing about with a stick. Stop what you are thinking and just listen. Words mean things. You can't just discard the ones you don't like. You DO need the rhetoric. When you ask for help, please spend more time accepting help and less time trying to push back.
Do not "set the denominator to zero". Determine what value would make the Denominator zero and remove it from the Domain. Do not substitute it. Do not calculate the function's value. Throw it out. This gives an equation for an asymptiote except for the other issue...
What if it is "0/0". First "0/0" doesn't mean anything. This suggests you have "plugged in" a value that is not in the Domain. Stop it. Don't do it. This is the way to proceed. If there is a value that would make the denominator zero, say x = 5, do two things, 1) Discard it from the Domain, and 2) Put it on a list of potential vertical asymptotes. If this same value will also make the numerator zero, take it off the vertical asymptote list, but leave it on the list of values NOT in the Domain. When you identify a vertial asymptote, WRITE THE EQUATION of the asymptote. In this case, "x=5". When you list the Domain, WRITE IT OUT. In this case Real Numbers not equal to 5 or just x <> 5, assuming all other Real Numbers are included.
"Horizontal Asymptote @ 1" - Again, this is not an equation of a line. "@ 1" doesn't mean anything. The asymptote isn't "@" anything. The equation of the line that is the Horizontal Asymptote is y = 1.
Really, you are trying to wedge mathematics into your casual way of speaking. It's fine to talk to your friends on the street corner however you want to talk to them, but when making a meaningful comment on a well-defined issue (in a job interview, perhaps), you will need to restrict your language to words, phrases, and structures that can be understood by your audience. We're not in your brain. Your less formal speech and notation just won't fly. If you want to get it, and get it well, release your casual attitude a little and let the notation help you. There are reasons why notation has developed. Don't throw it all out in a moment.
Do that one with the difference of squares in the Denominator. Stick to notation that is meaningful. Let's see what you get.