Tax Implications of Selling Mineral Rights


Like a house or plot of land, mineral rights are considered real property. As such, they are subject to the same tax treatment. This is good news for mineral rights owners as it allows them to take advantage of 1031 Exchanges. 1031s, sometimes referred to as "Like-Kind" or "Starker" Exchanges allow a mineral rights [...]

Projecting Future Income From Mineral Rights


An oil company has leased your minerals and has drilled a well that is going to be producing oil soon. What should you expect in terms of revenue? Obviously, the answer to this depends on several variables unique to your situation: what your royalty rate is, how many acres you own, how many wells [...]

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