I am nearing retirement and want to close down my S corporation and operate on a smaller scale as a sole proprietor.  My S corp owns a vehicle which has not fully depreciated (no section 179 or bonus depreciation was taken).  If I simply transfer the vehicle to the same business now operating as a sole proprietor, does that constitute a sale?  I want to avoid having a loss in the S corp that could not be taken since vehicle would belong to a related party.  The undepreciated amount is more than the sole proprietorship (or me personally) would want to pay for it.