RobertB4444
Expert Alumni

Get your taxes done using TurboTax

You only need to split this into two different K-1's.  The first K-1 uses the same information as on your form and then only needs the information that is in box 1.  The second uses the same information as on your form and has all of the rest of the information.  The rental income from the other entities listed on your statement should be aggregated on the original K-1 form in box 2 so you are reporting total rental income (loss) by entering that number.

 

@Gustavo B 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"