Bulk sale of assets in Lacerte

If you sold assets from a passive activity or you sold an interest in your passive activity, all gains from the activity must be entered on the appropriate line of Form 4797 or Form 8949. Identify the gain as "FPA." Enter any allowed losses for Form 4797 or Form 8949 on the appropriate line. On Form 8949, include "PAL" in the description of the property in column (a). On Form 4797, enter "PAL" to the left of the entry space (for example, line 2 or line 10).

Entire disposition with an overall loss.

If you made an Entire Disposition of your interest in a Passive Activity and that activity had an overall loss, none of the gains, if any, or losses were entered on Form 8582 or the worksheets. However, all the gains and losses must be reported on the forms or schedules normally used. To the left of the entry space, enter "EDPA."

Entire disposition with an overall gain.

Gains and losses from this activity were included on Form 8582 so that the gains might offset other PALs. Report all the gains and losses on the forms and schedules normally used, and to the left of the entry space, enter "EDPA.""

From: https://www.irs.gov/instructions/i8582

It's amazing how much info can be found at the IRS websites.

(edited for emphasis)