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How do I remove rentals from Schedule E and move to 1065?
I have 5 rentals (no liens) that have been reported under Schedule E. I have moved them to three two-member LLCs. I have completed forms 1065 and K-1s. When I attempt to remove them from my Schedule E TurboTax said that they must continue there. How do I remove them from my personal return and show them moving to the LLCs?
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‎January 18, 2024
5:57 AM