How Is Income Tax Filed For My Mineral Rights Signing Bonus?
July 3, 2017
Leasing or selling mineral rights are a great way to earn income from the mineral rights you own. Whether you lease or sell mineral rights, any money received is considered as earned income and must be reported to the IRS on a yearly basis.
If you decide to lease...
What Should I Be Concerned About When Selling Mineral Rights?
June 15, 2017
Owners of land with resources like oil and gas beneath the surface commonly sell their rights to those minerals to other parties interested in extracting them. Yet the sale of mineral rights should be approached very carefully.
Before you decide on selling your mineral rights, it is important...
What Are Some Tips When Searching For Mineral Rights Records?
June 1, 2017
If you own land that includes oil or gas rights, the idea of selling such resources either now or in the future has possibly crossed your mind. This is a great time for owners to benefit financially thanks to the amount of current activity in the sale of...
Understand Mineral Royalty and Overriding Royalty Interests!
May 15, 2017
There are often confusing definitions pertaining to the leasing of mineral rights. Some of the more confusing terms used are mineral interests, royalty interests, and overriding interests. Each of these is slightly different and relate to the payment of income generated through oil and gas production. To fully understand...
Oil & Gas Leasing – Be Sure You Do These Things!
November 16, 2017
Oil & Gas Royalties – Can You Read Your Royalty Statement?
October 25, 2017
Measuring Oil & Gas Production – Verifying Volume!
October 13, 2017
Mineral Rights Ownership – What Is A Division Order?
September 25, 2017
Mineral Rights Inheritance – What Is Fragmentation?
September 15, 2017