It depends. If you are a single member limited liability company (SMLLC) you would continue to file a Schedule E. SMLLCs are considered disregarded entities separate from their owners. This is because the IRS expects the taxpayer to carry the income onto his or her personal tax return using the Schedule E for rental real estate.
If you have more than one rental property, you can choose to treat them as one property, although the choice is yours if you have a good method to remove one if one is sold. This will not be an issue if you enter each asset separately. This way when one rental is sold, it could be easier to sell in the tax return without a lot of manual entry intervention.
There could be passive activity losses (PALs) to consider as well. These would be netted on Form 8582 and the carryover, if any, should be the same whether you combine them on one Schedule E/rental or separate them.
Please update or clarify if you converted your LLC to a partnership or an S-Corporation.
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