Delay Rentals
The Delay Rentals are.
payments by a lessee to a lessor to delay the drilling of an oil well. The lessor reports the delay rentals as ordinary income not subject to depletion, and the lessee may expense or capitalize such payment.
The Delay Rentals are.
payments by a lessee to a lessor to delay the drilling of an oil well. The lessor reports the delay rentals as ordinary income not subject to depletion, and the lessee may expense or capitalize such payment.
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