Its not a Royalty its a Rent and reported in box 1 of the 1099-MISC.
I have found this on the internet. This is a Lease Bonus as I said earlier.
"Lease Bonuses – Normally paid at the time of signing or over the life of the lease, lease bonuses constitute additional income to incentivize the lessor to sign the agreement. This income is treated as rental income and should also be reported on the taxpayer’s Schedule E, line 1."
Is there any professionals that can give me a clear path. The farther I listen the less confidence I have on the guidance I am recieving
