How to Profit From High Energy Prices
And get a huge tax benefit at year end, too!
I was pumping gas into my non-fuel efficient truck the other day watching the dollars add up on the digital read out and wondering…
“Now, do I want the price of gas to go up, or down…”
You’re probably thinking, “You idiot! You want it to go down.”
Not so fast. What if I told you that there was an investment that offered between a 90% and 100% write off in the year you invested (Intangible Drilling Costs)? And that 15% of the return on that investment came back to you tax free (Depletion Allowance). And that the investment asset was not some silly mutual fund, or real estate partnership, but rather… an oil and gas drilling program. You know, fossil fuels. Natural gas. Unrefined oil. Dinosaur decay. You know, that stuff.
These programs offer incredible and unique tax benefits, but as good as beneficial as those may be, not all oil and gas programs are created equal. Some are definitely better than others. Some are more risky than others. Some may produce an investment return over long periods of time, while others may be relatively short lived. You definitely need to work with a highly trusted licensed financial professional, but if you are facing a serious income tax bite, you need to learn about these programs – fast! You see, this is exactly the time of year when people start biting their nails about what they are going to do to avert a huge tax hit come April 15th on:
- The sale of their business
- The gain on their stock portfolio
- The big bonus
- Winning the lottery
You, and every other person in your situation. Supply and demand fight it out to the death in the last few weeks of the 4th quarter of every year.
If you are a serious investor with potentially significant tax issues, check out oil and gas drilling programs. You’ll soon be asking yourself while filling your vehicle up at the gas station,
“These are really high prices! Now, do I want them to go up, or down…?”
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