June 28, 2019

One last tax that anyone selling royalties should know about is the county ad valorem tax, a tax that applies to mineral ownership only and not to the income earned when you...

June 18, 2019

Selling royalties can be a lucrative endeavor for many people who own mineral interests.

Like any other type of earned income, the income you generate selling royalties is also subject to taxation...

September 5, 2016

The process of leasing oil rights, then making royalty payments to owners should seem pretty straightforward. Energy companies contract with mineral rights owners, drill wells, and pay their agreed portion to the owners as part of a business arrangement that is very common in states like Texas. Yet...

June 27, 2016

One of the more in-depth considerations when selling mineral royalties on a piece of property is how the valuation of the minerals is determined. Landowners looking to sell gas and oil royalties are compensated by companies that purchase their mineral rights for a contracted period of time;...

April 6, 2016

Land that is rich with resources such as oil, natural gas and other minerals can be profitable for the owners of those mineral rights. Many owners choose to sell their royalties to earn an income. Yet before anyone can sell oil and gas royalties, it is advisable that...

March 23, 2016

Each year when tax time rolls around, anyone who has income that has been earned from oil royalties must claim that money, just like any other earned income. Similarly, there are also certain deductions that royalty owners can use, based on the fact that oil production reduces...

February 26, 2016

Selling gas royalties is a great way for mineral rights owners to make an income off the natural gas their land holds. Before doing this, it is important for rights owners to understand a few important details about any potential income, especially concerning declines in royalties. Many...

February 22, 2016

Those who own property containing oil and gas can sell their mineral royalties without actually selling their property. There are many reasons why someone might be interested in selling oil and gas royalties. Yet no matter what these reasons may be, royalty owners should know how to...