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dorrsbcc
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Can TurboTax convert an individual rental property into an LLC property (disregarded entity) and preserve the depreciations, etc., and if so, how is it done?

 
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Can TurboTax convert an individual rental property into an LLC property (disregarded entity) and preserve the depreciations, etc., and if so, how is it done?

A disregarded entity is "disregarded".  It has absolutely no effect on your income tax return and you continue filing as you've been filing.

Tom Young

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Can TurboTax convert an individual rental property into an LLC property (disregarded entity) and preserve the depreciations, etc., and if so, how is it done?

A disregarded entity is "disregarded".  It has absolutely no effect on your income tax return and you continue filing as you've been filing.

Tom Young

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