Yea that's what thought.  I was just trying to figure out how reflect the money as passing through to the new LLC. on the 1120.  I am trying to help him.  He did this without talking to me.  He Just created an LLC  took the money from his company and deposited it in the new company's account to buy rental property.  I thought maybe there was something out there we could do I didn't know about.  I guess I asked the wrong questions because I have been told I don't know what I'm doing.