What to do if you inherited mineral rights.
Inheriting mineral rights can feel like you hit the lottery but without a clear plan, you could be missing out on your dream opportunity.
At Bergman Mineral Group, we help owners transform inherited minerals into assets that align more closely with their personal interests or lifestyle goals.
One powerful strategy is the 1031 exchange. This tax-deferral tool allows you to sell your mineral rights and reinvest the proceeds into another type of real estate or income-generating asset, whether that’s a working ranch, recreational property, farmland, or another investment that fits your vision.
The key advantage is deferring capital gains taxes, allowing you to use the full value of your mineral sale to purchase something that’s a better fit for your long-term plans.
Maybe you’ve always wanted land for hunting and fishing. Maybe you're looking for a hobby farm to pass down to your children. Or maybe you’re simply looking for something you can enjoy and manage directly. A 1031 exchange gives you flexibility and control while preserving your equity.
At Bergman Mineral Group, we partner with trusted professionals to make sure the sale of your minerals is clear and easy.
Selling inherited mineral rights doesn’t mean walking away from value.
It can mean moving that value into something you understand and care about more deeply.
If you’re looking to explore selling, contact us today and we’ll provide an offer.
(Note: This is not tax advice. Please consult your CPA before making a decision.)