if the tools are fully depreciated then it isn't any worry. Remove the asset along with the rental house and just enter any gain if they are ever sold.
If the tools still have a depreciable life left then dispose of them in a separate sale from the property for the exact amount that they have left in value. Then create a completely new asset that is identical to the one that you disposed of and attach it to the LLC itself instead of the property.
@john9-9
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