Savvy investors are using this provision that's written into the IRS code today.
$100,000 in. Targeted $70,000 off your tax bill in the same year you invest.
Real footage, South Texas site. 🎥
Which of these describes you?
Every April you write the biggest check of your year 🗓️
On income already taxed out of every paycheck. You maxed the 401k. The number still gets bigger every year you earn more.
Your CPA never brought this up 🤫
It's not hidden, it just doesn't apply to a paycheck. The tax code treats a wage and a direct investment in what the country needs built differently. One side gets withholding. The other gets the deduction.
How the deduction works ⚙️
Drilling a well is mostly intangible drilling costs: labor, fuel, chemicals spent before a single barrel comes up. The IRS has let investors deduct those costs since 1913. Partners here target a first-year deduction of up to 70% of what they place, against ordinary income, in the year they invest. Targeted, not guaranteed. The number arrives on a K-1 no later than March.
What is on the ground 🛢️
400 wells are producing today across roughly 58,000 leased acres in South Texas. An independent reserve report from Lee Keeling backs the numbers. More than 200 accredited partners have already committed.
Two questions is all it takes to know whether this applies to you. ⏱️