
This episode discusses how investors can use a 1031 exchange to acquire oil, gas, and mineral rights instead of another rental property.
Most investors think a 1031 exchange only means selling one property to buy another. But what if there was another option? In this episode, we're joined by Khris Allen, Director of 1031 Exchange Services at Eckard Enterprises, to discuss how investors can use a 1031 exchange to acquire oil, gas, and mineral rights instead of another rental property. We cover how mineral rights qualify as like-kind property, how royalty income works, the potential tax advantages, and why some investors are using this strategy to reduce landlord responsibilities while continuing to defer capital gains taxes. You'll also learn: - How mineral rights qualify for a 1031 exchange - The difference between mineral rights and working interests - Why some investors view royalty income as a passive alternative to rentals - Common mistakes investors make when considering oil & gas investments - How the 45-day identification period works when exchanging into mineral rights - Who this strategy may (and may not) be right for - Tax planning considerations every investor should understand Request a consultation from Hall CPA at go.therealestatecpa.com/3KSEev6 Register for FREE access to the 2026 Hall CPA Tax…
Host: Hall CPA
Guest: Khris Allen
Hall CPA
Organizations: Eckard Enterprises
Explore listener stats, chart rankings, contacts and more on the Tax Smart Real Estate Investors Podcast podcast page.