Question about Schedule K-1 and Rental Properties and Royalties (Sch E)

[Gart Robert]

Hi Guys! So it's my first year filing my taxes for my multi-member LLC's. I filed my business taxes first which generated my schedule K1's for my partner and I. I show a dollar amount in section 3 (Partner's Share of Current Year Income, Deductions, Credits, and Other Items) in both Box 1 and 2. The amount in value 2 raises my taxes due which makes sense. My question is when I get to schedule E in my tax return for rental income I am used to putting the total amount I collect for rents. I have a feeling I should be including the amount in my K1 box 2 in my rental income in schedule E vs. adding up my total rental checks again for all the rent I collect. I feel like I am getting taxed twice by ignoring the value in the K1 and just adding in my total rental checks for the year. Can anyone point me in the right direction if you have done this before?