I triesd your suggestion. I disposed of the entire partnership covered by the k-1. It did not work. No 4797 was generated and the 1231 loss was not recognized currenty, but carried forward. I then reversed the disposal and checked the boxes to be a real estate professional and the results were correct.....1231 loss was recognized currently as ordinary loss. Overrode the Schedule E entry re: real estate professionals. It would require that I paper file but that does matter to me. Does this make sense?
