Broadmoor Helps People Sell Mineral Rights & More at Competitive Rates

Broadmoor Land & Minerals is a primary buyer of oil, gas and mineral interest in Texas, and across the United States.

Dallas, TX (prHWY.com) December 21, 2012 - Dallas, Texas (November 20, 2012) - Broadmoor Land & Minerals, a leading buyer of mineral interests and oil and gas royalties, is making a yearend push for people looking to profitably sell their mineral rights. With the resurgence in the use of natural resources such as natural gas and minerals, there is no better time to sell those rights to make a good profit.

Property law defines mineral rights as mineral substances under a certain depth and the manner that these can be conserved or extracted, inclusive of natural gas, oil or any other mineral that can be mined. In the Dallas area, underground sections of the Barnett Shale formation under the Fort Worth area have been found to hold large quantities of minerals.

For property owners looking to diversify their financial holdings, selling a portion of their land holdings to oil and gas companies can be a very lucrative transaction. This is because many oil and gas companies are looking for more areas to harness and extract oil and gas or other minerals to fill up the growing demand for fuel and natural gas.

In addition to this, landowners can also take advantage of the 1031 "like kind exchange" clause in the Federal tax code. This arrangement can help in deferring the gains tax for the transaction if the proceeds are used to buy like types of assets, such as real estate investments.

But it is important to contact well established companies that help people get a good price for the mineral rights on their properties. Aside from mineral rights, Broadmoor helps people sell oil and gas royalties to let them diversify their financial "nests".

For more information, visit www.BroadmoorMinerals.com today.

About Broadmoor Land & Minerals

Broadmoor Land & Minerals is a primary buyer of oil, gas and mineral interest in Texas, and across the United States. They help people understand the value of their mineral interests and get a clear appraisal of their rights and make competitive offer for the rights.

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Tag Words: sell mineral rights

Categories: Business

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