LLC Created Date Question

[andersonapartments]

In Turbo Tax, it asks when was the LLC created?   Do I use the date I created it with the State 11/29/17, or 1/1/2018 which is when I started collecting and paying everything under the Master LLC.  And I assume I have to enter all the depreciation and such from the old LLC's into the new individual LLC's.  Thank you 

[PaulaM · Accepted solution]

Use the actual creation date for the question, 11/29/17 in your case. And yes, you will need to move the depreciation records to the new LLC. Use the depreciation report as a guide.

[andersonapartments · Accepted solution]

Paula,

Thank you very much.