tkpatter
New Member

1099-PATR Investment Property

I received Form 1099-PATR for a distribution from a Cooperative.  This cooperative financed the mortgage on an investment property I purchased.  The property has a home that I rent out as well as 30 acres of land that I use for both capital gain (timber sales, etc) and personal use (hunting, ATV riding, etc).  My question is how do I report this income on my tax return?  If I report under the Dividend section would it be considered Total Ordinary Dividend, Qualified Dividend, Capital Gain distribution, or something else ?