Defering Taxes

Has anyone discussed defering taxes on the leasing of Gas rights via a 1031 exchange or other methods with a knowledgeable tax person? Is it possible?

Views: 350

▶ Reply to This

Replies to This Discussion

Permalink Reply by Shannon McNulty, J.D., LL.M. on May 1, 2013 at 6:46am

It is possible to defer capital gains taxes on the sale of natural gas rights through a 1031 exchange, but it does not allow you to defer lease payments.  Feel free to contact me to discuss in more detail.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service