Hello to all. I have been on this site for years. It has been a long time since I've needed some help.
I'm thinking of selling my Mineral Rights. Can anyone give me some advise on how to determine the value of Mineral Rights.
Merry Christmas and Happy New Year to All
Can you do a search of County records and look for Mineral Deed sales in Butler Co. It might pay you to have a Title Co do it for you. That would tell you what they have sold for in the past and give you a good list of potential buyers.
Hey Sarah, we help people sell mineral rights and would be happy to give you our estimation of market value.
CX Energy. You can email me your phone number, county/township and parcel ID, and lease status and I will respond back to you. :) email@example.com
The only thing more I think I know is that if the seller has an interest in postponing Federal Incomes tax an the sale he/she may be able to complete a 1031 Exchange for income producing Real Estate. That requires a seller to engage a professional knowledgeable on 1031 exchanges. In the example above if the number was for example, $1,200.000 a seller may be able to convert the majority of that into income producing real estate and defer tax on gain until such time as a sale of the real estate took place years later. The benefit of owning the real estate is that it most likely will retain its value and grow whereas the mineral royalty is headed only in one direction and that is depletionville.I am not an expert.