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Returning Member
posted Jun 1, 2019 11:01:42 AM

Do I use my regular Schedule F or do I need to create a Schedule E for hunting lease income/expenses?

I lease my farm's hunting/fishing rights out to others. I do not receive a 1099. As part of our arrangement, I furnish them a camp house and pay the major upkeep expenses. I also own the feeders and fill them myself at my expense. Do I enter this income and its associated expenses on my farm's regular Schedule F or do I need to create a separate form. Schedule E maybe? My participation as to repairs and the expense of the feeders has me puzzled as to where to put this!

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1 Replies
Level 15
Jun 1, 2019 11:01:43 AM

Yes, use the Sch E if the payment you receive is a monetary (cash) payment for rental income, it is entered under Rental Property and Royalties (schedule E).

Renting cattle pasture and hunting rights is classified as rental income and to be reported on schedule E.