IRS Section 1031 classifies an investment in an oil and gas “Royalty Interest” as like-kind property for a 1031 Exchange.
Investors can diversify their portfolios by exchanging an apartment complex, raw land, an office building, or any other eligible investment property for an interest in oil or gas royalty production.
The term, “Royalties” is often used interchangeably [...]
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Joshua Dorkin
Charles Feldman
Ted Karsch.
