(817) 778-9532

FOR FLORIDA RESIDENTS

Own Mineral Rights in Another State?

We help Florida residents sell inherited mineral rights in Texas, Oklahoma, Louisiana, New Mexico, and other states. No travel required.

Get Your Free Valuation

You're Not Alone

Thousands of Florida residents own mineral rights in other states—usually inherited from parents or grandparents who lived in Texas, Oklahoma, Louisiana, or other oil-producing regions. Managing these assets from across the Gulf can be frustrating:

Confusing royalty statements you don't understand

Division orders and lease documents that need signatures

Operators you've never heard of sending mail

Small monthly checks that barely seem worth the hassle

No idea what your minerals are actually worth

If any of this sounds familiar, you have options. Many Florida residents choose to sell their out-of-state mineral rights for a lump sum—converting a confusing, distant asset into immediate cash.

Where Are Your Minerals Located?

We buy mineral rights in all major oil and gas producing states. Select your state for specific information:

Don't see your state? Contact us—we buy mineral rights in all producing states.

Why Florida Residents Sell Their Mineral Rights

Distance & Complexity

Remote management: Hard to manage an asset you've never seen

Unfamiliar operators: Don't know who's drilling or why

Complex paperwork: Division orders, lease amendments, title issues

Tax Advantages

No state income tax: Florida doesn't tax capital gains

Stepped-up basis: Inherited minerals may have minimal federal tax

Simpler filing: Eliminate multi-state tax returns

Estate Simplification

Fewer complications: Cash is easier to divide than fractional minerals

Avoid future disputes: Minerals get more fractional each generation

Clean up estate: Simplify assets for heirs

Financial Goals

Immediate cash: Fund retirement, pay off mortgage

Eliminate uncertainty: No more wondering about future production

Diversify: Move from single asset to diversified investments

Florida's Tax Advantage

Unlike California, Texas, or other states, Florida has no state income tax. This means when you sell mineral rights, you'll only pay federal capital gains tax—not an additional state tax layer.

If you inherited the minerals, you may also benefit from a stepped-up cost basis, which can significantly reduce or eliminate federal taxes on the sale. Consult with a tax professional to understand your specific situation.

How It Works (Without Leaving Florida)

1
Submit Info

Tell us about your minerals online or by phone

2
Get Valuation

We research and provide a written offer

3
Sign Locally

Documents notarized at any Florida notary

4
Get Paid

Receive funds via wire or certified check

Typical timeline: Most transactions close within 30-45 days from accepted offer to payment. We handle all title work, document preparation, and filing—you just sign and receive payment.

Questions We Hear from Florida Residents

Check for royalty checks (even small ones), division orders, lease agreements, or correspondence from oil companies in your mail or among inherited documents. You can also search county records where family members owned property. If you inherited an estate, mineral rights may have been mentioned in the will or probate documents.
Often, yes. Even small royalty interests can have significant sale value because buyers consider future production potential, not just current payments. A $50/month royalty might sell for $10,000-$20,000 or more depending on the location and remaining reserves. We'll provide a free valuation so you know your options.
No. The entire transaction can be completed from Florida. We send documents to you, you sign them before a local Florida notary (UPS Store, bank, or mobile notary), and mail them back. We handle everything else, including recording the deed in the appropriate county.
Each heir can sell their individual interest independently—you don't need all heirs to agree. If you want to sell and others don't, you can sell just your share. We frequently work with families where some members sell and others keep their interest.
If you're receiving royalties, you may already be filing returns in that state. When you sell, you typically file a final return in that state for the sale year. After that, no more multi-state filings. Since Florida has no income tax, you'd only need to report the sale on your federal return. Consult a tax professional for your specific situation.

Ready to Explore Your Options?

Get a free, no-obligation valuation of your out-of-state mineral rights. We'll research your property and provide a written offer within days.

Get Your Free Valuation

Or call us at (817) 778-9532

Florida Quick Facts

No state income tax

22M+ residents

#3 most populous state

Top retirement destination

Related Resources

Mineral Rights for Beginners

How to Sell Mineral Rights

Inherited Mineral Rights Guide

Sell Without a Broker

Mineral Rights Glossary

Ready to Sell?

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