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Look at an "F" reorganization from S Corp to LLC. An attorney versed in these is a must.

just correct for the subsequent years

Dissolving any corporation with real estate in it is always a taxable event, which is why we always try to avoid putting the real estate into a corporation. Real estate should have been in a partnership/LLC from the beginning and the business should have paid rent to the partnership.

I'm in such a big agreement here with you. I wish whoever told them to do this at the beginning thought about the future more.

I use ATX and have quite a bit of farmers - depending on what you are asking this may or may not be helpful (depending on exactly what you are asking). On a 1099-PATR - Box 1: Patronage Dividends go straight to the Sch F Box 8: Section 199A(a) qual. items get entered on the activities tab of the 8995 under "payments from cooperative" Box 6: Section 199A(g) deduction (which is the old DPAD) gets entered on the 8995-A, page 2, line 38 "DPAD under section 199(g) allocated from an agricultural or horticultural coop" - this increases their QBI deduction. If they have a loss or their income is over the threshold, the fact that they don't pay wages won't give them any deduction. I don't often see anything else on a 1099-PATR so I am hoping I am being helpful!