Types of Ownership in Mineral Rights Leasing

http://mineralrightscoach.com - If you're relatively new to mineral rights leasing you may be confused by the differences between mineral interest, royalty i...

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Comment by Borrego Creek on June 1, 2013 at 3:40pm

Very good example,  how would you explain an unleased, undivided mineral interest owner?  How would they be treated in Texas?

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Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:30am 0 Comments



Background:
 The Internal Revenue Code allows a deduction known as “depletion” for oil & gas income. The depletion deduction could save a taxpayer thousands of dollars in income taxes. Since a mineral interest runs out…

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