The material you reference would indicate the income is rental income and it is reported as such on the Form 1099-MISC you received. When you enter it in TurboTax it will be treated as rental income. From a tax standpoint, I don't know of any significant consequence to reporting it as royalty income versus rental income, either way it will be reported on page one of schedule E and get the same or similar tax treatment. So, it seems to be accpetable to treat it as rental income. @The Big Daddy
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