landowner

Royalty tax.

        I know it varie's, but I'm curious as to what percentage of the monthly royalty check

should be set aside for "estimated quarterly tax'es," for non-resident lease holder's.

(Louisiana tax'es only). Wondering what experience other's have run into, who have been

at this awhile. Sorry if I'm repeating a past discussion. Be careful out there.

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Permalink Reply by jffree1 on June 7, 2012 at 3:02

Your question is an important one and has been answered but it never hurts to ask if you don't see what you need to know.  Browse through the discussions on "Death and Taxes" or you can click "view all" at the bottom of the discussion list and search for your topic.  Kathy Morgan, the group "owner", has always been good to answer tax related questions. If you can't find what you need you can always post a discussion in that group.


landownerPermalink Reply by Henry on June 7, 2012 at 12:54

If you put aside 6%, you'll be safe, and will ultimately get some of it back.


landownerPermalink Reply by Sandbar on June 7, 2012 at 16:36

        Thanks for the info. 

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