If the rentals are all under the S-Corporations, and you receive a Schedule K-1, you do not need to fill out Schedule E. The income and expenses from the rentals will be on the K-1, which you will report on your personal return. If any of the rentals are not under the S-Corporations, then you do need to file out Schedule E for those. The program will be able to help your enter those,along with the K-1s.
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