@Rick19744 one question on the below.
The start date of the S corporation will be whatever you used on the election to be an S corporation. This is what will be reflected on page 1 box A.
Assuming the owner of the new S-Corp is the same as the owner of the original LLC, The problem with that is, if you're transferring assets from the LLC to the S-Corp, and don't show the original date the asset was placed in service, all prior depreciation will not be taken into account, unless you adjust the basis by first subtracting all prior depreciation already taken by the LLC and start depreciation over from day 1..... or is that what you're supposed to do?
