Unclear why you are asking this.  Passive losses are not suspended at the S-corp level, and passive losses are suspended at the individual level as s-corp losses, selling a property in the corp will not free individual property losses on the individuals return, merely the gain from the sale will be passive income offset against the suspended losses.

So to answer your question directly - no Lacerte would not track the separate property losses - the are aggregated and reported to the shareholder on his K-1.