I have a business property that was sold at a big loss. I went to 4797 and section 111. I am getting an error saying cost or basis is much higher than sales price. Well, it was a big loss when it sold.

I put the cost basis including selling expenses and it is highlighted say adjusted basis exceeds of this property exceeds sales price. Only gains are allowed.

Excuse my ignorance, then where on form 4797 do I put information for the loss of this property.

Please help- I am going crazy with this