Question
Do I use my regular Schedule F or do I need to create a Schedule E for hunting lease income/expenses?
I lease my farm's hunting/fishing rights out to others. I do not receive a 1099. As part of our arrangement, I furnish them a camp house and pay the major upkeep expenses. I also own the feeders and fill them myself at my expense. Do I enter this income and its associated expenses on my farm's regular Schedule F or do I need to create a separate form. Schedule E maybe? My participation as to repairs and the expense of the feeders has me puzzled as to where to put this!
