I also wonder how an accountant would report this. I doubt they have to trick the system this way.
An accountant would simply show the rental property and all assets as "removed for personal use" on the closing date of the sale. (Perfectly doable in TTX) and then figure the total amount of depreciation taken on all assets, since depreciation stops on that date.
Then they would enter the sale as a single transaction so that total gain would be shown, and total depreciation taken would be recaptured. This is also perfectly doable in TTX after you show the property and all assets converted to personal use on the closing date of the sale. You add up the total amount of depreciation taken on all assets up to the closing date/conversion date. Then you have that "magic number" you need (total depreciation taken on all assets.) Then you report the sale in the "Sale of Business Property" section where you only need to enter the total cost basis of all assets combined, total depreciation taken on all assets combined, and total sales price of all assets combined.
