Does anyone know how to handle taxes on the sale of mineral rights in Howard county? I am told I need an appraiser to come up with a tax basis for when I received the rights. Any help on how to get minerals appraised or whom I can call? Any help appreciated.
This method of establishing value would not satisfy the Internal Revenue Code.
I’d suggest deleting the previous post.
… even worse, I did not realize that comment was a post. My apologies.
When I saw it came from an email reply, I didn’t think you meant it to post publicly.