Fortivo delivers audit-ready fair market value (FMV) for IRC §1014 step-up in basis determinations—so you can make smarter decisions, while likely reducing long-term capital gains, and move forward with confidence.
If you or your family inherited mineral or royalty interests, you need a defensible FMV as of the date of death. That “step-up in basis” can significantly lower future capital gains when you sell all or part of your minerals. We prepare clear, USPAP-conforming valuation reports.
Most heirs don’t know their basis—or rely on guesses. When it’s time to sell, those guesses can mean unnecessary taxes. With Fortivo, you get a precise, well-documented mineral valuation tied to the effective date, so your CPA can calculate gains correctly and you can plan sales, gifting, or estate moves with confidence.
You’ve inherited mineral rights and need a FMV for a step-up in basis for the estate file.
You’re planning to sell minerals or royalties and want to minimize long-term capital gains.
Your CPA/attorney asked for a formal FMV report that can stand up to scrutiny.
We live and breathe minerals. Our team has worked thousands of mineral and royalty transactions across millions of acres in all major basins. Reports are clear, sourced, and defensible—with appendices that make decision-making easy.