grandmabee Posted March 23, 2011 Report Posted March 23, 2011 client rents out some of her acres to neighbor for farm pasture. I was going to put on sch F but can't find an activity code for it. shouldn't it go F or maybe E Quote
Maribeth Posted March 23, 2011 Report Posted March 23, 2011 Rental property. Sch E. Form 4835, then will flow to Schedule e Quote
rfassett Posted March 23, 2011 Report Posted March 23, 2011 4835 is only used when the landlord is sharing in the production. Quote
SunTaxMan Posted March 23, 2011 Report Posted March 23, 2011 R fassett, Are you sure you don't have that backwards? Quote
rfassett Posted March 23, 2011 Report Posted March 23, 2011 Come on SunTaxMan, I don't want to think that hard. My brain is already hurting today. I may have not made myself clear, though. Rental of farmland and facilities that is based on a share of crops or livestock produced by a tenant is reported on Form 4835. Quote
kcjenkins Posted March 23, 2011 Report Posted March 23, 2011 But this is cash rent, at least most 'pasture' rent is, so that would go on the E. Quote
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