Yes but no ... to a lay person it will look like that but ordinary income/expenses and capital gains/losses are treated differently on the return.
Your single member LLC will sell a property where the sale will be reported on the form 4797 and the cap gains will go to the Sch D and any ordinary income from the depreciation recapture on the form 4797 to the form 1040. If you have not been depreciating the property that you owned and rented then RUN to a local tax pro to get this corrected properly.
Then your LLC buys a new vehicle on which you will either use the standard mileage rate to expense the auto OR the actual expenses + depreciation and/or 179 deduction. Again if all this is greek to you please sit down with a local tax pro to be educated better.
