ALL THE DIRT ON MINERAL RIGHTS

WHAT ARE MINERAL RIGHTS?

Mineral ownership consists of the right to exploit, mine, or produce the minerals underlying the land's surface.

REASONS TO SELL YOUR MINERAL RIGHTS

Selling mineral rights offers many additional benefits, whether you sell to pay income taxes or simply want extra cash. Selling mineral rights is beneficial in reducing the mineral owner’s risk.

Sometimes, receiving a quick, lump sum cash payment for the value of your mineral assets can be beneficial. Your mineral rights, royalty, and royalty income all have value and can be sold or leased in exchange for cash.

For CASH

FOR FINANCIAL CERTAINTY

The value of your royalties are often out of your control, so it can be difficult to plan for your financial future. Selling Waker your mineral rights and royalties is a fast, reliable way to be certain of your financial assets.

Your royalty payments are being taxed by federal income tax and state income tax. If you have owned your minerals for over one year, you are subject to the long-term capital gains rate, which is a one-time payment of 15-20%, depending on income.

FOR TAX STRATEGIES

TO CONVERT ASSETS

Producing mineral rights are depleting assets. This means payments will go down over time. Choosing to convert these assets into real estate, stocks, and CDs may be beneficial for many mineral owners.

TO SIMPLIFY ACCOUNTING

Legal work and accounting can add additional expenses to your royalty payments. Selling minerals will eliminate the need for additional expenses and make completing your tax return simpler.