FOR NEW YORK RESIDENTS
We help New York residents sell inherited mineral rights in Texas, Oklahoma, New Mexico, Louisiana, and other states. No travel required.
Get Your Free ValuationNew York is home to millions of people whose families came from across America, including oil-producing states like Texas, Oklahoma, and Louisiana. When grandparents or great-grandparents pass away, mineral rights often transfer to heirs who have never lived in those states and may not even know these assets exist.
If you're a New York resident who inherited mineral rights in another state, you're not alone. Managing these assets from the East Coast can be especially 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
Filing tax returns in multiple states on top of NY's already complex taxes
If any of this sounds familiar, you have options. Many New York residents choose to sell their out-of-state mineral rights for a lump sum—converting a confusing, distant asset into immediate cash and simplifying their financial life.
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.
Eliminate multi-state filing: No more returns in TX, OK, LA, or NM
Already high taxes: NY state tax plus NYC tax for city residents
Reduce complexity: Fewer 1099s, fewer schedules, simpler life
1,500+ miles away: Can't easily visit or monitor the asset
Unfamiliar industry: Oil and gas is foreign to most New Yorkers
Time zone challenges: Operators in TX close before NY workday ends
Simpler inheritance: Cash divides more cleanly than fractional minerals
Avoid multi-state probate: Out-of-state assets complicate estates
Protect heirs: Don't burden children with distant, complex assets
Immediate liquidity: Fund education, real estate, or retirement
Diversification: Move from single asset to diversified portfolio
Risk elimination: No more worrying about commodity prices
New York has some of the highest state income taxes in the country, and NYC residents face an additional city income tax. When you own mineral rights in other states, you may also owe taxes to those states on your royalty income—adding complexity on top of complexity.
Selling eliminates the multi-state tax filing burden. While you'll pay capital gains tax on the sale, you're done with annual returns in Texas, Oklahoma, Louisiana, or wherever your minerals are located. Many New York owners find this simplification alone worth the decision to sell. Consult a tax professional for your specific situation.
Tell us about your minerals online or by phone
We research and provide a written offer
Documents notarized at any New York notary
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.
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 ValuationOr call us at (817) 778-9532
High state income tax
NYC has additional city tax
19M+ residents
1,500+ mi from TX/OK