Can you clarify your question a bit more so we can assist? You're posting on a specific thread and in order to provide an accurate reply, we would need to know what type of business you are converting to. Was the restaurant originally reported as a Schedule C activity to report the income and expenses from operating the restaurant? And what are you trying to do? Is the restaurant no longer there and being changed to a rental property or are you renting the restaurant property out and no longer operating a restaurant?
@AHarrisAccounting
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