# 1995 tax basis on mcclain co minerals

**URL:** https://www.mineralrightsforum.com/t/1995-tax-basis-on-mcclain-co-minerals/2542
**Category:** Accounting and Taxes
**Created:** [June 28, 2017, 5:19pm UTC](https://www.mineralrightsforum.com/t/1995-tax-basis-on-mcclain-co-minerals/2542 "2017-06-28T17:19:03Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Stephanie\_Wilbanks](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/ce7236/32.png) [@Stephanie\_Wilbanks](https://www.mineralrightsforum.com/u/Stephanie_Wilbanks)
#### Post date: [June 28, 2017, 5:19pm UTC](https://www.mineralrightsforum.com/t/1995-tax-basis-on-mcclain-co-minerals/2542/1 "2017-06-28T17:19:03Z")

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How is the basis determined and how would my cousin determine this? He inherited interest in 1995 and sold recently. Any direction appreciated. Hoping he can arrive at basis without inordinate expense. I failed to ask whether it was producing or just leased in 95. Will check.

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### Author: ![Tom\_Ed\_Moore](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tom_ed_moore/32/2577_2.png) [@Tom\_Ed\_Moore](https://www.mineralrightsforum.com/u/Tom_Ed_Moore)
#### Post date: [June 29, 2017, 6:06pm UTC](https://www.mineralrightsforum.com/t/1995-tax-basis-on-mcclain-co-minerals/2542/2 "2017-06-29T18:06:22Z")

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I had a CPL to determine this for me in Grady County, Oklahoma.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:24pm UTC](https://www.mineralrightsforum.com/t/1995-tax-basis-on-mcclain-co-minerals/2542/3 "2018-08-14T22:24:05Z")

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