Searching for a 1031 agent fluent in mineral rights

Accounting and Taxes
1

I'm under contract to sell my mineral rights in Garvin County, Oklahoma. I would like to defer the gain using a 1031 exchange. I'm getting conflicting information from CPAs and tax attorneys, which I feel certain is because I don't live near Oklahoma. I have lined up a 1031 agent but, despite his claims otherwise, I don't think he is fluent in mineral rights. Does anyone have a recommendation of a 1031 agent who knows mineral rights? Thanks in advance.

Kate

2

I've used Petroleum Strategies out of Midland. As their name implies, they specialize in oil and gas 1031 LKEs. Top notch group in my opinion.

1 Like
3

Marcus, thanks for the excellent referral. I'm working with them now and find them to have the answers handy (and well-documented) which is a huge relief. Thank you again.