You will have to report the box 1 income and box 2 income on separate K-1 entries. You will have to allocate the numbers in the other boxes to one K-1 entry or the other, so that you don't double up on any of the numbers entered. That is the only way you can enter the K-1 in TurboTax.
The box one entry is ordinary income or loss, the box 2 is rental income or loss. That may help you determine which entries the other numbers belong with.
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