roeth2147
New Member

Investors & landlords

I have a farm which I rented to another farmer at a fixed amount and for a period of 1 year.  He does the actual farming, I do not.  But, I also have expenses associated with the buildings on the farm, such as insurance, taxes, utilities, etc.  So if I enter the rental income as income from rental property, then do I also enter all expenses in the same section or leave it in the. farm expenses section.?