Thank you for asking this question. I am having the same issue. My K-3 shows gross rental real estate income from the U.S. only. No foreign income. What is reported on the K-3 as a net income (loss) has already been reported on the K-1 Box 2 in the same amount as a net rental real estate income (loss). Does this mean that the U.S. amount that should be reported on the K-3 has already been reported on the K-1?
