Tax Benefits Quitclaim to LCC

[Erik Sheehan]

Hoping to get some insight from anyone that has experience handling carry-forward loss. I have a property with several hundred thousand in carry-forward loss. I don't plan on selling the property. I am wondering if I transferred the property to my LLC as an S-corp, would I be able to then be able to pull in the carry-forward loss as if I had sold the property and get the tax write off that year?