It will be entered as the property was "distributed" from the business to you. As Tagteam mentioned, that could have adverse tax consequences if it was in a corporation.
Does this business have other activity? Or is it closed down now that the rental has been distributed to you and you need to file a "final" tax return? If it was closed down, was it closed down on 1/5/23?
[EDIT] Weird, I didn't see any of the posts after Tagteam's post until after I posted my comment.
