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But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born
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Three Ways Selling Your Mineral Rights Can Positively Impact Your Life
If you found out you have minerals beneath the surface of your real estate that you have the rights to, you may feel overwhelmed with what to do with your rights. The process can be confusing, technical, and complicated and cause a lot of stress. Selling your mineral rights can substantially minimize this stress and has a number of added benefits. If you have mineral rights that you don’t know what to do with, consider the positive impacts of selling:
- Large Payment: Selling your rights can result in a guaranteed payment instead of an uncertain revenue stream. This means more money in your pocket faster, without having to stress about the revenue accumulating over time or not receiving steady funds. This large sum of money can help in a number of ways, such as paying off debt, investing in other businesses, and ensuring your family has financial stability.
- Tax Purposes: Taxes on mineral rights are complicated and should be discussed with a tax lawyer. However, there are certain tax benefits to selling your mineral rights. If you sell your mineral rights outright, you will be federally taxed from the proceeds you receive from that transaction, but this is a one time expense. If you lease your rights, on the other hand, you will be taxed on every royalty check you receive, which can be cumbersome and stressful over time.
- Simplicity: Selling your rights also generally simplifies your life and prevents you from having to deal with leasing companies, mineral rights issues, royalties checks, and ongoing taxes. It allows you to make a substantial amount of money by selling at once and letting someone else deal with the complexities and headaches of mining for minerals and all of the officialdom associated with it.
Contact Us
If you have mineral rights and are interested in selling them or are simply exploring your options, getting in touch with The Mineral Auction can help. The company has years of experience getting the best price for mineral rights and has a well of knowledge about the process of selling, leasing, and keeping rights. If you have any questions or would like to speak to an associate at The Mineral Auction, please contact us at (512) 698-2802 today.
Top-tier mineral listing
service for you
We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.
The Mineral Auction provided me with an invaluable exit strategy when selling a mineral interest that one of my clients had. I’d recommend them to anyone who has the need to create some liquidity.
Blake is excellent. We have used him in numerous family issues and find him always direct and very helpful. He is incredibly informed and our go-to guy.
Blake and I have worked on several deals together and they have always gone off without a hitch. Both parties leave the table satisfied. Highly recommended!
Blake hit it out of the park! He did everything he said he would do, and then some. He far exceeded our expectations within a day! If you are concerned about paying commission or being restricted to a broker – don’t be. He will max out the value of your minerals. I tried to negotiate with several buyers on my own and didn’t come within the same universe.
Blake Bergstrom helped my family negotiate the sale of our mineral rights for our small ranch outside of San Antonio. I found Blake to be very knowledgable about whole process and took the time to answer all our questions. We were very satisified with the transaction and have already recommended Blake and The Mineral Auction to some our friends. Thanks again.
I have mineral rights to natural gas and Blake was excellent in his advice regarding my situation. Thanks a lot for your help!
