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Do I need to fill out a separate k-1 to report "net rental income or loss" as reported on a k-1 ?
I imported a k-1 form for Williams Partners, L.P. TT . It includes Net Rental Income (loss) on line 2 of $8. TT marks this as an error and indicates that this needs to be reported on a separate k-1. Do I simply label this 2nd k-1 as Williams Partners, L.P. and transfer the amount to line 2 there, leaving the other lines blank? The amount is only $8. and I have no other real estate investments.
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‎June 1, 2019
4:53 AM