Business & farm

Yes, the property was inherited by my two other siblings and myself.  The rental property was placed in service decades ago, and contributed by the siblings to the LLC in March 2019.  For the period in 2019 prior to the March transfer date, it was owned by each sibling as TIC, so for TT home and business I converted the property to personal use as of the calendar day before the March transfer date. 

 

In Tubotax business, I did not see where you enter the start date for the property vs. the LLC.