Husband and wife in non-community property state (Florida) distributed rental house asset from LLC to Husband. The rental property was the only asset in the LLC and upon distribution, the LLC was disolved. This occurred at the end of December 2022. How is the distribution to just ONE member of the LLC entered in Turbotax such that both partners' Capital Accounts are zero at the end of the year?
The net rental income was split 50-50 and just the property distribution was 100/0 to husband.
