I have a rental property that I have had for 18 years. In April of 2018 I took on a partner to redevelop the property and we formed a new LLC and I transferred the property to that LLC. For 2018 I will have income and expenses for the property through April and then get a K1 from the new entity for the rest of the year. In TurboTax do I add the new LLC as a new property or is that business dealt with elsewhere?
