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Investors & landlords
The above answer (you file the income and expenses on Schedule E), assumes you receive a fixed rent dollar amount for the land rental.
"Landowners and sub-lessors that do not materially participate in the operation or management of the farm (for self-employment tax purposes), file this form to report farm rental income based on crops or livestock produced by the tenant"
‎February 18, 2022
6:17 AM