How to Invest in Oil & Gas: The Dirty Details - Tom Wheelwright & Mike Mauceli
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- Опубликовано: 5 июн 2024
- The WealthAbility Show #146: Love it or hate it, our government continues to encourage oil and gas investments. Have you wondered what types of benefits are available for these investments? Why does our government continue to incentivize this sector? In this episode, Mike Mauceli joins Tom to discuss how the government navigates oil and gas investments, and how they can be part of a successful retirement strategy.
Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: winwinwealthstrategy.com/
00:00 - Intro
02:15 - When and why did the government decide to incentivize oil and gas?
08:45 - What’s the difference between exploration and development?
11:08 - What is fracking?
13:45 - Should we be concerned with the environmental impact of oil and gas?
17:37 - What type of incentives continue to boost oil and gas investments?
24:30 - What is a depletion deduction?
Looking for more on Mike Mauceli?
Website: www.reienergy.com
Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. wealthability.com/tom/
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DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
I thought this would offer suggestions on how I can invest in Oil and Gas, like the title said. Did I miss something?
Me too I have been search for ways by which I can invest in oil and gas do you have any Idea? I learnt it’s profitable
@@user-xe7kk8ud3ywe can buy some actions of the oil companies but the deduction tax in that case is low. Because is like buy an action, or like Stock exchange. The deductions in that case are very low, ver low.
But when someone invest in drilling wells and produce them, someone will receive a lot of deductions because that investment is very big in money, and that person is really into the industry.
I have a connection, if you are interested.
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P.S. YOU JUST NEED TO KEEP RESEARCHING 😊
Love it guys. Thank you
Great 😊 thank you
Thanks your so much for your sharing
How can I use K1 from oil if I have no earned income, just SS, interest, rents, pension. Can K1 be used against something besides earned income? What?
Oil has gotten so profitable over the years I wish I got into it earlier cause it’s a really good source of income
The burning of trees releases more CO2 than even coal and takes a sequestration device out of the environment. We burned trees to survive before the commercialization of Hydrocarbons.
I belong to an oil/gas platform. As such, I wish to know if I can advertise oil/gas products here.
I genuinely mean it when I say that this economic recession has left me incredibly angry and exasperated. I have good companies bought but instead of making profits I've lost over a quarter of my portfolio since a year.
I've been considering hiring a financial advisor, but I'm torn between choosing a male or female advisor. Who do you think would be more trustworthy?
If you truly purchased parts of good businesses, do not worry about stock market gyrations.
Right now oil and gas has been really profitable and very good investment I got into it last year and I must say it has been a lovely ride so far
You say "I have companies".. are you the owner of those companies? Or you only buy some actions of them in stock exchange?
In the second case is very probable lose money sometimes. It is like a bet, you know.. you don't control really.
You have to do a real investment. I mean an investment with cash flow at month. To make your own companie or business.
And if you fulffil grow until to give employ to people, the goverment will deduce you taxes.
@@ChryosoarYou need to trust a professional, and not a choice based on physiological gender.
I can help if you want
with whats?
*Promosm*
Vote in ethical politicians…