Thank you so very much, James. You provided me with a very detailed answer regarding the Sale of Land question. I am still unsure of how to handle the Schedule K-3. As you have mentioned in the last sentence I may decide to "uncheck" the box indicating that Schedule K-3 is attached and whenever IRS/Turbo Tax complete the update process file an amended return.
Under the circumstances, you have provided the best answer you could and I really appreciate your help.
R. D.
