rental and royalty property

Where would I record the sale of royalty property along with expenses and capital losses and or gains


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what kind of royalty property?.  there are interests in  royalty trusts sold on various stock exchanges.   its also possible you owned property where you gave a company the right to extract minerals on that property.      

if it was a publicly traded royalty trust you should have gotten a reporting form.    that would contain the info to report on schedule E.  It would also point out if you had to recapture any depletion you took in prior years.  if you don't have them,  you can go to the trust's website and download forms and instructions. 

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