de52
New Member

Sole Proprietor to LLC: Do I need to put "disposed of" the business and then started the LLC?

I recently bought a business. Our LLC paperwork took too long, so I bought it as a sole proprietor but then changed it to an LLC about a month later. Do I report as a sole proprietor for that time and then put I disposed of the business and got another? Do I say I sold to a family member? I am confused