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New Member
posted Jun 5, 2019 2:42:35 PM

I have raw land that is partially hunting land for my use and partially rented out to a farmer for crops. Can I run the rental income and expenses through schedule E?

I am hoping to deduct both interest and real estate taxes on the whole property

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New Member
Jun 5, 2019 2:42:37 PM

As long as the rent you receive for the farm land is cash rent (not sharecropping), you are able to use schedule E for everything.

If the farm rental income does come from sharecropping, you can include the hunting lease as other income on Form 4835 (where sharecropping income is reported).