#70: Create Passive Income and Save on Taxes Investing in Oil and Mineral Rights ft Troy Eckard


Create Passive Income and Save on Taxes Investing in Oil and Mineral Rights

Troy W. Eckard is the CEO of Eckard Enterprises, a family-owned and operated energy asset management firm focused on the U.S. oil and gas industry. He has dedicated his entire career to the U.S. energy industry.

He has a wealth of knowledge and expertise they offer to private investors who seek to develop a successful energy portfolio.

He believes that owning tangible energy assets is one of the safest, long-term investment strategies available in today’s investment climate.

Now, let’s look at what we discussed in this episode:

  • How Troy started in the energy industry
  • What are mineral rights
  • How do these investments work
  • Do mineral rights qualify as a 1031 exchange
  • How are mineral rights taxed
  • Investment advantages of mineral rights

Here’s a breakdown of how this episode unfolds…


What has been on the books since the 1031 is that producing oil and gas wells or mineral rights are the same qualification as a traditional piece of real estate.


The three largest clients we have in our firm are engineers, doctors and lawyers. 20% of our clients are lawyers.

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