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Trade Mineral Rights Blog

MULTI-MILLION DOLLAR CONCORD ROYALTIES TRANSACTION

Trade Mineral Rights, LLC (TMR) is the nation’s leading coordinator of Noble Royalties, Inc.-originated, direct-deeded program re-sales.

Buyers and sellers are matched to effectuate transactions.

Multiple sellers are often grouped together to accommodate a single buyer, or vice versa.

Recently, a complex transaction was coordinated by TMR whereby 18 sellers were combined in a single traunch to match a buyer’s requirements, to the satisfaction of all parties.


TRAPPED! PERSHING IRA HOLDING NOBLE ROYALTIES ORIGINATED MINERAL RIGHTS PROGRAMS

Individuals who purchased direct-deeded mineral rights from Noble Royalties through an IRA held by the large clearing house Pershing are caught in a quandary.

IRS Required Minimum Distribution (RMD) rules dictate fund disbursements annually.  When an IRA holding an illiquid investment, such as mineral rights, do not generate sufficient royalty payments, the rights must be sold to avoid RMD penalties assessed by the IRS. This forced liquidation, especially in a depressed oil/gas pricing environment, is problematic.

But the problem grows exponentially when it is discovered that Pershing will no longer permit a transfer of Noble Royalty originated programs out of an IRA.
Trade Mineral Rights has chartered a course to resolve this significant problem.  Owners of the following direct-deeded mineral rights programs have benefited:

  • Teal Royalties
  • Falcon Royalties
  • Ironwood Royalties
  • Ambrose Royalties
  • Castle Royalties
  • Drake Royalties





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