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MRP 20: Taxes on Mineral Rights and Royalties
FromThe Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
MRP 20: Taxes on Mineral Rights and Royalties
FromThe Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
ratings:
Length:
15 minutes
Released:
Apr 3, 2019
Format:
Podcast episode
Description
Today we talk about taxes on mineral rights and royalties. Learn how royalties and lease bonus proceeds are taxed. Get tips on common deductions and credits to make sure you know the questions to ask your CPA when it comes time to file your taxes. We also cover a little known fact on why it makes sense to determine the cost basis for mineral rights that you inherit even if you don't plan on selling.
Released:
Apr 3, 2019
Format:
Podcast episode
Titles in the series (100)
MRP 2: What's the Difference Between Minerals and Royalties?: In this Episode, we talk about the different form… by The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands