The Mark Perlberg CPA Podcast

EP028 - Wealth & Tax Saving Secrets of Oil & Gas Investing w/ Ray Trevino & Stuart Turley

June 11, 2023 Mark Season 1 Episode 28
The Mark Perlberg CPA Podcast
EP028 - Wealth & Tax Saving Secrets of Oil & Gas Investing w/ Ray Trevino & Stuart Turley
Show Notes

Investing in oil and gas can build your wealth AND reduce your taxes! One of the most significant tax deductions is the intangible drilling cost deduction, which allows investors to use drilling and development costs to be deducted against your active income, including that in your business or W-2! This deduction can mean significant tax savings, especially in the early project years. Investing in oil and gas can provide a steady stream of income, and diversify investment portfolios. So why aren't more of our clients taking advantage of this? Most people simply do not understand how it works! Luckily I will be holding a webinar with 2 experts in this field to help educate us and break down the numbers of investing in oil and gas. Join me with Stuart Turley, President and CEO of Sandstone Group and founder of the Crude Truth Podcast, and Rey Trevino "RT", Director of Operations at Pecos Country Energy Inc and the Energy News Beat Podcast. as we do a deep dive of the tax savings, profit and cashflow you will receive when you invest in Oil and Gas.