Thread: Can someone explain why this is called a "stimulus"
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Old 02-01-2009, 08:48 PM   #58
dalmations202
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Originally Posted by alexamenos View Post
If you own mineral rights but don't have any production coming in, then odds are the value of your mineral rights is pretty close to zero....close enough that the cost to appraise and assess non-producing mineral rights across a county would probably exceed the amount of tax generated off of said rights.
I guess, except that we haven't had production in about 15 years on the place, and in the last 5 it has scored about 240K in lease rights. (Should have been more.) Yes, we pay taxes on the 240K. We won't pay more until we lease the rights out again.

I'd like to get the rest of them, but why would they sell when it costs them nothing to keep them?
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