Dear abctax55: 

I do not, like you,  have 15 yars experience with LACERTE. Maybe 5-6 years in the late 2000's. Since then I have been with PFX, I have printed out the offending form 4797 and sanitiized it and would provide you with a copy if I could. I never in my entire 40 yeara tax career (I am now a life member of the California Society of CPAs and do not need to pay dues) done a bulk sale and if LACERTE is so fragile that I can without any intention, generate such a treatment for when I was intending to report the sale of a SFR with land and building, I do think something is wrong. Seriously wrong. I have been having bad thoughts about IRS poor processing of income tax returns, but if the sale of SFR are being reported as bulk sales of say, wheat or tobacco, then something is rotten in the state of Denmarrk.

Eleanor Hansen