Yes, @danh123 is correct. Allocate the income from Form 1099-K as needed and report as rent for each property. (Do not enter under the 1099-K topic.) As long as you report at least as much income as was reported on the 1099, you have satisfied the reporting requirements.
Note that Schedule E (for rental properties) does not have a specific line for Form 1099-K. All Rents received are reported on Line 3, regardless of how they were paid.
@theprof07
@abhiverma812
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