How to generate each rental real estate activity as separate schedule to partner K-1

[cynginger]

each partnership rental real estate activity must show separately  on the partner's K-1 supplemental information.

how to generate that?

[sjrcpa · Accepted solution]

If you enter the info for each rental on a separate 8825, doesn't it show up separately on the Sch K-1 supplemental info?

[sjrcpa]

Oh-maybe this is it. In Options, Tax Return  select Yes for Schedule K-1 R/E Rental Stmt

[cynginger]

THANKS for your reply.  i have that setting checked YES on the Tax Return Tab of Options.   it looks like i enter the  data on Sc 17, and just set up as many as i need for each rental (?)

[sjrcpa]

Yes

[abctax55]

Is this the first year for this partnership?  If not, were all the rental aggregated in prior years?

[dont waste my time]

Hello sjr, hjr here. In the case you were working on here I have the same situation but have not been able to figure out how to specially allocate the losses to certain partners. I've trying to work with the sc 17 rental real estate activities but I still end up with all properties being listed on page 2 of each K-1.

Any ideas?

Thanks very much

Hank

[dont waste my time]

to clarify, there are multiple properties with different allocations among partners.

[George4Tacks]

Create a spreadsheet and send the appropriate page with each K-1.