Or let's say your income is from royalties for a book titled "Fun Things To Do In Summer," same idea, obviously it's to be expected that you're going to have less sales when the YTD only includes the cold months of Jan and Feb and March.That's some context for you.

Working interests in oil and gas wells and royalty interests are considered to be like kind for real estate. 

Not fun, not fulfilling.Investors especially, in my experience, tend to take a more hardline view of things and it seems more of them have read the same books (basic theme, "do what it takes to get the deal and agents are fat cats who don't really deserve to get paid anyway - also thank you for the book royalties which I would never have gotten if I had just written a book about how it's fair to pay people for the work they do").So... if someone spends weeks or months finding and researching properties for you and then you happen to find a FSBO or something else that works out for you without them, do you owe them nothing?

Thanks,Quinton If its strictly investing then I would advise to go to a smaller brokerage that does not charge royalties and large monthly fees that will eat you alive like Royal Lepage Remax etc.. 

Generally, property held for the production of rents or royalties is considered to be used in a trade or business...""

Do a commercial, collect royalties.

Royalty title out of Tampa but they cover polk and all of central FL.They are phenomenal.Tell them Dave Dey sent u and they’ll treat you right😎 (or kick you out, one or the other)

I had a Bichon and they were bread to be lap dogs for royalty.

Having a lot of fixed income investments (REITS, Bonds, Rental Properties, Royalty income) should be high on the list.

@J Chouinard, You could look to DSTs, TICs, a fractional Oil royalty project, or a mineral royalty program.