Updated almost 10 years ago on . Most recent reply
Tax question
I have a condo I transferred from my own name to my own LLC. I was renting it out before and still rent it out now. There was no money changing hand, only the owner name changed.
Does anyone know how to deal with it regarding tax reporting? I am using this HR Block tax software and it only has option for a sale transaction (that would include profit/loss, past depreciation, etc. that kind of headache).