I assume the following.
- You received a K-1 from a partnership or multimember LLC, S-Corp or C-Corp reporting rental activity (be it gain or loss).
- You don't know where to enter it in whatever personal version of TurboTax you may be using to file your personal 1040 tax return.
Under the Personal tab in the Personal Income section scroll down to Business Investment & Estate/Trust Income and elect to start/update "Schedule K-1" and follow the prompts from there. All data pertaining to any rental or royalty activity will end up on page 2 of the SCH E when you are all done.
