Why Sell?
Not sure if it’s time to sell? We have put together a few things for you to consider when thinking about the benefits of selling your mineral interests to Remnant.
Estate Management
When mineral interests are left in an estate, it can create considerable challenges for the estate’s heirs and devisees. Those problems become worse when left for the state to decide who receives them. Remnant offers cash to make the administration and distribution of the estate as easy as possible.
Mitigate Risk
The oil market experiences extreme volatility each and every day. As we progress towards renewable energy and factor in international conflicts, we are presented with uncertainty regarding the price of crude and natural gas. By selling all or a portion of your interest, you have the power to leverage that volatility and lock in the value at today’s prices instead of taking the risk of what they may be tomorrow.
Tax Advantages
We encourage anyone who is considering selling their interests to discuss the benefits of that choice with their accountant. Weigh the pros and cons of selling your interests now versus collecting bonus and royalty payments. If you have owned your interests longer than a year, then your tax rate after sale would be based on long term capital gains, whereas recurring payments are taxed as ordinary income. These differences can add up significantly over the lifetime of an oil and gas well.
Liquidate and Use YOUR Money
Maybe you’ve owned these minerals a lifetime and always said you knew what they were worth, or maybe you just acquired them and are looking to take advantage of the current market. Whatever your situation may be, you can now redeem that value and use your money for what you want. It might be building the backyard you’ve always dreamed of, saving for a child’s education, planning for retirement, or creating lasting memories on a dream vacation. By selling all or a portion of your interests, Remnant will provide the much needed capital to accomplish what you want today.
