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Rental property in a single member LLC

bondcpa
Level 1

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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2 Replies 2
Jim-from-Ohio
Level 7

You don't.. it remains on Schedule E. 

abctax55
Level 15

Why *would* you want to?

(I wanna be a member of the pot stirring club too)