A couple owns two Condos through the LLC, during 2021 one Condo was sold whcih I already report 1250/1231 Gain no problem.

At year end they transferred the other Condo from LLC to their name, I am look where to enter the transfer so no gain or loss show?

Also they close the business (canceled the partnersh with the state 12/20/2021), how do I report

this fianl return?

Do I need wipe the balance sheet to zero?

And distribut the asset transferrred and capitals?