bondcpa
Level 2
04-08-2021
11:53 AM
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Taxpayer had Schedule E rental property in the past. In 2020, they established a single-member LLC. My question is, how do you transfer the Schedule E property to Schedule C without losing depreciation history?
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Jim-from-Ohio
Level 11
04-08-2021
12:04 PM
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You don't.. it remains on Schedule E.
abctax55
Level 15
04-08-2021
12:05 PM
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Why *would* you want to?
"*******Tax software is no substitute for a professional tax preparer*******
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