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49user
Level 1

Oil & Gas Royalties Passive Income Allowed Expenses

I own and reside on a residential property and receive Oil & Gas Royalties (documented via 1099-MISC, Box 2).  May I expense my mortgage interest and real estate tax on Schedule E?

posted
‎November 18, 2024 3:13 PM
last updated ‎November 18, 2024 3:13 PM
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