Deductions & credits

Likewise, I sold a timeshare in mid-2019. The 1099-S 2019 Gross proceeds are in question.  The TS was for personal use only so there is no question about taking a deduction. The Standard Deduction covers what we need for a joint filing.  The explanation to one person about his sale was a bit confusing for me.  Apparently, I have to claim the proceeds from the 1099-S as a real estate transaction but it doesn't qualify as a gain or loss. (Most TS sales are losses and TS's unlike a primary residence wouldn't fall under the lifetime limitation anyway as I understand).  I just want to correctly enter the amount in the correct place on TT.  The purchase price was far above the sale proceeds, not unexpected.  I can't net out as zero as the one explanation indicated, can I???? That's the confusing part.  Surely, I can't take a loss on the sale.   Super-users, please advise.  Ray