TT can't handle multiple asset disposition (if you have 10 assets and put all the sales proceeds to asset 1) the gain/loss will be reported for only that asset . so you need to allocate the sales price and sales cost among the assets including land
I would think TT would come up with recapture as follows
net proceeds $37,600
less bldg net value 0
less land 5,400
gain $32,200
look at form 4797 page 2 to see what TT is using
not sure how TT came up with loss on land.
but I can nt see what you have entered.
