I have some land rent on a 1041 return with the profits flowing to box 5, portfolio income, on the K-1. It should flow to box 7, net rental real estate income.
I tried a few other types of rentals, like single-family home, and no matter what I try nothing from the Sch E is flowing to box 7.
Am I missing something here?
You have clicked a link to a site outside of the ProConnect Community. By clicking "Continue", you will leave the Community and be taken to that site instead.