Investors & landlords

The above works ONLY if 1) the entire sale was short-term or long-term (can't be both) AND 2) the sale was a complete disposition (not a partial sale).  Otherwise, you need to adjust the cost basis in the 1099-B interview to handle any Cap Gain/Loss, and use the K--1 interview to handle Ordinary Income (if any) but NOT the cap gain.  This link discusses it more fully:  https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-i-report-the-sale...