In February 2024, I setup a multi-member managed LLC (partnership) and transferred the assets from my previous sole proprietorship reported on Schedule E to the LLC. The assets transferred to the LLC should retain their depreciable life and basis (simply carryforward). However, when I try to transfer these in Turbotax, the program will not allow for me to enter the original in-service date which precedes the start date of the LLC (i.e., 2/1/2024). Instead Turbotax forces me to enter the in-service date as 2/1/2024 and then depreciates over a new 27.5 year useful life instead of the remaining depreciable life that was transferred over from the sole proprietorship/Schedule E. Is there a way to move forward with these assets transfers in Turbotax with proper accounting treatment? I'm hoping to not to revert to the old pen and paper method if possible.