i live in Fl and the two equal members of the new llc are my wife and i. how do i make this change without having turbo tax show the sale as a taxable event as it was a pure non cash, non taxable transfer to the LLC . any help would be great because as of now TT is saying i have a taxable gain from the sale on the individual tax return. not sure how to record life to date depreciation on both sides of the event (sch E and the 1065).
