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In this video, we'll break down oil and gas investments into two broad categories so you can understand which type might be right for you.
Whether you're a landowner with mineral rights but lacking the capital or expertise to drill, or you're considering leasing your land to an oil and gas company, I've got you covered.
For those interested in the tax implications, I'll explain how lease bonuses and royalty payments are taxed, and the benefits of the depletion allowance.
Whether you own the land outright or have rights to sublet, knowing your role and the tax benefits can make a significant difference.
🔔 Don't forget to subscribe for more insights on real estate investing and business strategies!
Show Notes:
0:00 Intro
1:41 Royalty and Leases
4:02 Tax Benefits
6:06 Tax Deduction To Remember
8:55 The Main Reasons to Invest
11:25 Final Tips
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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