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@BeckerMgt wrote:

The amount on it was for the balance of his mortgage that they were forgiving.

I don't think I can then again take a loss on the property value to dispose of the property on the asset worksheet. 

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Please re-read my prior comment.  As I said, a 1099-A is not a statement of forgiveness (read the boxes - there is nothing about forgiveness).  If debt was cancelled, your client would/will receive a 1099-C.

At some point in the future (as long as 10 years), the mortgage company may forgive any excess debt.  But if the property value was in excess of the mortgage amount, there may not be anything to forgive (they got their money from selling the property).

A 1099-A means you report it as a disposition, and the 'sale' price is ONE of the two amounts in the boxes (depending on if the taxpayer was liable, which is partly based on State law).

https://apps.irs.gov/app/vita/content/36/36_03_060.jsp?level=advanced