dlambert07291944
Returning Member

Farm rent and expenses as a passive activity.

I own a farm that I rent out as cash rent.  I have some expense like insurance and taxes.  My tenants will be sending me a 1099 for the rent they pay.  Do I use schedule F or E.  I am under the impression that sch F does not apply in my case.  I do have some depreciation for drainage tile.

Thanks for any help.