Now, I am realizing how 'tricky' this is. From my old LLC, for all existing assets to be transferred to the new LLC, would I select the option "sold" or "disposed of by some other means" on why I stopped using this asset. If so, would I select the "sold" price as the depreciated value so it would not trigger a gain or loss in my existing return. I somehow need to registered that I stopped using this asset on 9/30/2021 without saying there was a change in ownership since the ownership of the two LLCs are the same. Any ideas on this?
