WHAT TO EXPECT WHEN SELLING YOUR MINERALS
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It typically takes 30 days or less to close a transaction once we have an agreement.
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If you’ve owned your property for over one year, you are subject to capital gains treatment: a one-time payment of 15%- 20%. With producing minerals, you pay ordinary income tax, which can be 30%-40%.
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Contact Waker Resources and a land acquisition expert will quickly be in touch to help.