Eligibility check

Which oil and gas interests qualify for a 1031 exchange?

A couple of quick questions. About thirty seconds. No contact info needed — just an instant read on which royalty and mineral interest types qualify as 1031 replacement property, with the IRS citation behind the answer.

01 · Type
02 · Status
03 · Structure
The reference

The interest types Peregrine buys, at a glance.

Peregrine buys oil and gas royalty interests and mineral rights — both treated as real property for 1031 purposes. The decision tree above is the personalized version of this table.

Interest type What it is 1031 verdict Notes Authority
Royalty Cost-free share of production from oil and gas wells on your property. Qualifies The most common interest Peregrine sources. Clean treatment as real property. Rev. Rul. 68-331
Mineral (fee) Ownership of the minerals themselves, with the right to lease. Qualifies Treated as real property whether the tract is leased or held. Rev. Rul. 68-331

Confirm eligibility on the phone.

The tree gives a structural answer in sixty seconds. For your specific deed, division order, or carve-out language, a partner will walk through it with you.

Start your exchange Call 214-254-4769