I have reviewed this part of the Rentals and Royalties WorksheetMy Questions are – using the scenario above”On line 6 – if you still have the property but are now a Real Estate Professional would that count as “disposing of the “Passive Activity””, and you should check that box?

I get no royalties or money for saying so.  

Or this past summer- being one of the first Americans in Paris and the family being treated like royalty in Fendi as my wife picked out a new bag... my boys getting coke after coke delivered to them, my wife sipping champagne as she dragged out the experience.

Schedule E business add-backs are limited to:-Royalties Received-DepletionNow that we have some clarity on the business income we can address the rental income.

When you do this it drives gross sales for which they get a royalty off of but it takes your profit margins way down.These companies on re-image costs, food costs, advertising costs, running specials sometimes get one over on the franchisees by building in fat over the top markups on products.

There is also royalty-based financing, for example for oil & gas or music royalties.

Other things are, too, like royalty rights and other intellectual properties, but those are relatively hard to secure and somewhat rare. 

That's a popularity contest.What I do know is about people living in paid off homes, cars with a combination of paid off rental property, bars, patent royalties and online businesses bringing in more money than they spend each month.

Property  held for investment is any property that produces portfolio income such as  interest, dividends, annuities, or royalties not derived in the ordinary course  of a trade or business.

I am unsure if the seller was already receiving any royalties, but he would not back down on maintaining the rights, so we never came to a deal.