Avoidance of taxes is the only intellectual pursuit that still carries any reward. John Maynard Keynes
Squamish, BC (PRWEB) October 23, 2011
An increasing number of investors have expressed concern about the volatility of the financial markets and real estate to InvestmentOptions.Net, frustrated further by the fact that when they do have a successful investment, the taxes against it can seem exorbitant. InvestmentOptions.Net has announced a way for certain well-qualified investors in oil and gas to consider an alternative that provides a double incentive for their investment.
John Maynard Keynes said, “avoidance of taxes is the only intellectual pursuit that still carries any reward.” Investors who choose to invest in oil and gas partnerships or joint ventures avail themselves of a variety of investment tax reductions developed to encourage the increase in domestic oil and gas supplies. These oil and gas partnership and joint venture investments allow investors to take deductions and depreciate the majority, if not all, of the costs associated with establishing and developing an oil or gas well. Considered active, not passive income, the costs associated with these investments can be used to offset income from other sources, including the investor’s primary income.
InvestmentOptions.Net has seen an enormous increase in the number of investors seeking opportunities that offer this double incentive of both investment tax reductions and income streams, and encourage investors to consider oil and gas investments for their ability to provide both. Some of these investment tax reductions, as outlined by Section 263 of the tax code, include the ability to deduct 100% of the intangible drilling costs associated with establishment of and production from an oil or gas well, a 100% deduction of lease costs, including legal and administrative costs associated with the drilling process.
Perhaps even more significant to sophisticated investors, investors may also be able to claim up to 15% of the costs incurred for enhancing production, and earn up to 15% of the gross income from specific oil and gas partnership investments tax free. For the investor seeking to protect their wealth with the double incentive of tax benefits and potentially lucrative income streams, InvestmentOptions.Net encourages all serious, well-qualified investors to consider oil and gas.
More information about available investment tax reductions can be obtained from InvestmentOptions.net.