# Taxes more than my royalties
**URL:** https://www.mineralrightsforum.com/t/taxes-more-than-my-royalties/63705
**Category:** San Augustine County, TX
**Created:** [October 24, 2021, 2:17am UTC](https://www.mineralrightsforum.com/t/taxes-more-than-my-royalties/63705 "2021-10-24T02:17:28Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@DJMychel](https://www.mineralrightsforum.com/u/DJMychel)
#### Post date: [October 24, 2021, 2:17am UTC](https://www.mineralrightsforum.com/t/taxes-more-than-my-royalties/63705/1 "2021-10-24T02:17:28Z")
Mineral 180 Acres Viney Greer OU A #1 Real AB 517 .001101 RI
&
Polk Gas Unit Real V Greer Curvey Well #1H 703.87 Acres .002763 RI
I received an offer today at $14,000 and one on Wednesday of $16,500.
I dont receive very many royalty payments and I pay more in taxes thanI receive in royalties.
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### Author:  [@J\_Walker](https://www.mineralrightsforum.com/u/J_Walker)
#### Post date: [October 25, 2021, 4:50pm UTC](https://www.mineralrightsforum.com/t/taxes-more-than-my-royalties/63705/2 "2021-10-25T16:50:12Z")
Hello! My guess is that the two firms making the offers are banking that there will be a new well drilled, or possibly they can sell it for more than they are offering to buy it from you. San Augustine is an actively drilled county - we recently had several allocation wells drilled in San Augustine in the Haynesville/Bossier. So I would not sell without thorough research and understanding of my mineral interests.
But I am curious as to how it can be, that you would be paying more in taxes (severance? ad valorem?) than you make in royalties? That would indicate a problem, as taxes are just a percentage of the gross royalty you receive.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [January 22, 2022, 2:18am UTC](https://www.mineralrightsforum.com/t/taxes-more-than-my-royalties/63705/4 "2022-01-22T02:18:12Z")
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