The basic situation is you took the property out of service ... it was not sold. Then you transferred the property to the new entity ... it was not purchased.
I cannot tell you how to make all the entries you need to make in the TT Business version since I am not well versed with that program and the limited assistance you can get with TT technical support will not be helpful. Anyone using the DIY Business program needs to know what they are doing or invest time learning how to do it correctly. That is why I stressed that you should seek local council for this situation ... the penalties for late filing right now are more than you would spend with a paid tax pro who should be able to get them waived.
