In this power-packed episode, Mike Pine and Kevin Schneider reveal one of the biggest hidden gems in the U.S. tax code: intangible drilling costs (IDCs). Whether you're a W-2 earner, self-employed, or a business owner looking for a major deduction, oil and gas investing—done the right way—could save you tens of thousands in taxes each year.
💼 What You’ll Learn:
How intangible drilling costs (IDCs) can offset up to 90% of your taxable income
Why investing through a working interest (not royalty/mineral interest) is critical
The role of general partner liability and how to mitigate it
Common AMT pitfalls and how to avoid them
How Revo’s diversified fund-of-funds structure reduces risk while preserving deductions
The long-term benefit of depletion for tax-efficient income
Whether you're looking to eliminate W-2 tax liability or diversify your portfolio into an asset class backed by energy independence, this episode delivers insights grounded in the tax code, not hype. Learn more at https://www.revotaxpayer.com
#OilAndGasTaxStrategy #IntangibleDrillingCosts #PassiveVsActiveIncome #HiddenTaxSavings #AlternativeInvestments #RevoTax #WorkingInterest #FundOfFunds
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