@Terry53029   I have a similar situation.  The client is a farmer who owns the land, trees, etc. and leases to his own S Corporation.   The S Corporation operates the farming operations and owns the equipment and is responsible for land improvements.   We file Form 4835 for the "rental", and should be able to group the Form 4835 with the K-1 from the S Corporation un Sec 469.  I use Lacerte.  Do you know how to have Lacerte recognize this group?