But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born
At The Mineral Auction we strive to provide mineral owners with the information and resources to make information decisions about what to do with their royalty interest, mineral rights, and other issues relevant to a property owner.
Understanding mineral rights can be confusing as ownership is vastly different compared to being a surface owner. The following guide is designed to help you gain a basic understanding of what options are available to you as an owner.
More and more property owners find it appealing to sell their mineral rights rather than lease them. Reduced financial risks, liquidity, and today’s natural gas boom are just among the many reasons why people choose to sell their mineral rights upfront. But apart from these, people are also choosing to sell their mineral rights due to tax savings.Leases are considered regular income. As such, when you lease your mineral rights, any amount you regularly receive will be subjected to tax. However, when you sell your mineral rights straightaway, you could only be subjected to capital gains tax, which is a one-time tax you pay after realizing a profit from the sale of your rights.Tax savings are just among the many benefits of selling your mineral rights. To learn more about selling your mineral rights in Texas, speak with our team of mineral rights brokers at [firm-name] by calling [phone-number] today.