An oil, gas, or mineral lease is a legally binding agreement between the mineral rights owner and the company bringing the oil, gas, or mineral reserves to the market. Agreements between landowners and oil companies date back to before 1900, though the process is still generally the same. Knowing the details of an oil and […]
https://www.rangerminerals.com/wp-content/uploads/2020/03/ranger-minerals-oil-and-gas-lease.jpg5391030Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2020-03-23 07:03:472023-09-28 14:29:30How Does an Oil and Gas Lease Work?
Selling mineral rights or royalties is a great way to cash in on an extremely valuable asset. Whenever you choose to sell your mineral interests, however, the huge influx of cash is subject to a hefty capital gains tax. In order to maximize your earnings, read this “1031 exchange tax for dummies” guide and you […]
https://www.rangerminerals.com/wp-content/uploads/2020/03/ranger-minerals-1031-exchange-defer-taxes.jpg5391030Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2020-03-20 07:58:542023-09-28 14:29:541031 Exchange Tax for Dummies: Deferring Capital Gains Taxes on Mineral Rights
Understanding mineral rights is easy. Understanding the taxes associated with mineral rights is a bit more complicated. The short answer is Yes. If you own producing mineral rights, then you must pay property taxes on them. This is because, like surface rights, owning mineral rights means that you own real property, even if it is […]
https://www.rangerminerals.com/wp-content/uploads/2020/03/ranger-minerals-mineral-rights-property-tax.jpg5391030Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2020-03-19 15:58:492023-09-28 14:30:22Mineral Rights Taxes: Do You Have to Pay Property Tax?
How Does an Oil and Gas Lease Work?
InformationalAn oil, gas, or mineral lease is a legally binding agreement between the mineral rights owner and the company bringing the oil, gas, or mineral reserves to the market. Agreements between landowners and oil companies date back to before 1900, though the process is still generally the same. Knowing the details of an oil and […]
1031 Exchange Tax for Dummies: Deferring Capital Gains Taxes on Mineral Rights
1031 Guide, Guides, InformationalSelling mineral rights or royalties is a great way to cash in on an extremely valuable asset. Whenever you choose to sell your mineral interests, however, the huge influx of cash is subject to a hefty capital gains tax. In order to maximize your earnings, read this “1031 exchange tax for dummies” guide and you […]
Mineral Rights Taxes: Do You Have to Pay Property Tax?
InformationalUnderstanding mineral rights is easy. Understanding the taxes associated with mineral rights is a bit more complicated. The short answer is Yes. If you own producing mineral rights, then you must pay property taxes on them. This is because, like surface rights, owning mineral rights means that you own real property, even if it is […]