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The process of handling business assets closely resembles that of personal assets, with a key difference. You'll calculate the cost basis using the formula: acquisition cost minus depreciation, plus any improvement expenses. However, there's an additional step: the LLC sells its assets to you personally before transferring them to the trust. This means that the transaction from the LLC to you is not a capital gains event. After acquiring the assets personally, you can then sell them to the trust, following the same procedures used for personal assets.