Matt and Justin speak with Bob Howard and Taylor Leander from Resource Royalty, LLC about 1031 Exchanges and how mineral interests can fit into this strategy. As you may know, a 1031 Exchange is defined under section 1031 of the IRS Code and it allows an investor to defer paying capital gains tax on certain types of investment properties when they are sold as long as certain conditions are met. This episode was recorded before the impacts of COVID-19 and before the price of crude oil tanked in early March. This topic may be even more important in helping to maximize the return on an investment, especially considering the challenging market conditions we are faced with in 2020.