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The instructions to Schedule E, line 1a of an individual return inform you to enter the physical address of the rental property. In my experience, if it is not a physical property, for example, Royalties coming from a Schedule K1, then it should rather enter the Payor's Name. Proconnect is leaving that line blank in this case. Even though the instructions ask you to enter the property address, in the case of something other than a rental property (ie. royalties), the IRS in my opinion is looking for the Payor's Name.
Furthermore, for royalty EXPENSES, Proconnect is creating a statement which says Schedule E, line 19, and then it gives the address of the K1. In this instance, it should ALSO provide the name of the Payor and NOT its address.