Land - No.

Kitchen appliances - no.

The rest of it - probably.

Thanks. Q Can I do a bulk sale for building and land or must I treat them sepataely and allocate a part of selling price to land?

Land is supposed to be reported separately.

Do I allocate20% of selling price to land or just leave it as zero?

Thanks. I reported Land separately, allocating part of sale and cost to it. It shows up in Part 3 of form 4797. My understanding is that it should appear in Part 1? Have I erred in an input field?

It should be in Part 1.

I don't use ProConnect (I use ProSeries), so I'm unsure how you need to enter it.