Income tax on sale of inherited mineral rights in Reeves County

Texas Mineral Rights Reeves County, TX
2

Below is a link to a recent discussion that had some great information on your same question. It was posted in the section for Cater County, Oklahoma but the same federal tax rules would apply.

https://www.mineralrightsforum.com/t/question-about-capital-gains-tax-and-the-value-of-inherited-mineral-rights/57122?u=dusty1