There is no problem leaving one K-1 blank for the years without activity. Answer "no" if TurboTax asks if you want to remove that K-1 so your suspended losses remain associated with that activity.
Because both activities relate to the same investment, you should leave both Schedule K-1s in your return until you receive a final K-1. Then report both K-1s as final so all passive losses are released. Make a note to be sure to allocate any sales proceeds between the two activities.
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