Get To Know The 10 Benefits Of Selling Your Mineral Rights
When you own mineral rights, you have the potential to make a lot of money. Not only is it a solid investment, but it can also provide you with a lot of freedom. You’re not tied down to a certain location or job; you can sell your mineral rights and receive royalties for the life of the well.
Today, we’ll discuss the 10 benefits of selling your mineral rights. Keep reading to learn more about it.
What’s A Mineral Right?
A mineral right is a legal term that refers to any type of subsurface right. These include oil, natural gas, and minerals. The surface owner or property owner usually owns them; however, you can sell them separately from their associated land.
Top 10 Benefits Of Selling Your Mineral Rights
Mineral rights selling helps you receive a one-time payment. In addition, you’ll also be paid royalties for the life of the well. Here are 10 benefits of selling your mineral rights:
#1 Monetize Your Assets
When you sell your mineral rights, you’re able to monetize your assets. This is a great way to receive a lump sum payment for something that’s been sitting dormant.
#2 Increased Income
When you sell your mineral rights, you can expect increased income. Not only do you get a one-time payment, but you also receive royalties for the life of the well.
#3 Easy Process
The mineral rights selling process is easy. We will analyze your property, come up with a fair price, and then present you with an offer to buy it. If you accept our offer, we’ll work together to complete the sale so that it’s stress-free.
#4 Immediate Cash
When you sell your mineral rights, you receive immediate cash. This is a great way to pay off debt or invest in other opportunities. Also, you don’t have to wait for the well to start producing to receive royalties.
#5 Reduce Taxes
Selling your mineral rights can help you reduce taxes. For example, if the well is not producing any income yet and is still in the exploration stage, then selling it now will allow you to save on capital gains tax which would be owed later when royalties are received from production.
#6 Accounting Simplification
When you sell your mineral rights, it simplifies your accounting. This is because you no longer have to track the royalties paid to you. We will take care of all of that for you.
#7 Less Paperwork and Hassles
When you sell your mineral rights, it means less paperwork and hassles. You don’t have to worry about tracking the royalties either.
#8 Clear Up Estate Issues
Selling your mineral rights helps you clear up estate issues. This is because the property and mineral rights are sold together. This makes things simpler for your heirs.
#9 Liquidity For Another Investment Opportunity
When you sell your mineral rights, it gives you liquidity for another investment opportunity. You can use the money from selling them to invest in something more suited to your needs and goals, like real estate or stocks.
#10 Eliminate Future Risks
With the mineral rights selling process, you eliminate any future risks. This is since you’re no longer tied down to the property. You can walk away from it at any time and receive a one-time payment for it.
At Blue Flame Minerals, We Buy Mineral Rights
If you’re looking for a way to sell your mineral rights, look no further than us! We buy mineral rights and can offer you a fair price for them.
Blue Flame Minerals is proud to offer a hassle-free mineral rights selling process. We’ll work with you to get the best deal and ensure that the sale is completed smoothly. Contact us today to learn more.