My client has a partnership with 3 rental properties.  Two of the rental properties have been sold, one remains.  K-1 losses have been suspended and carried forward each year, and now need to be released only for the 2 properties that were sold.  How can I do this in ProSeries?  

My thoughts on this are to use separate K-1s for data entry purposes to report each property on it's own and mark final so losses are released.  Similar to when you have ordinary income in box 1 of a K-1 and rental income in box 2 of a K-1, they have to be reported on separate K-1 input sheets.  Not sure if this is the correct way to release the losses?