Learn More About Tax Advantages With Fidelis Royalty Group
Investing in oil & gas can provide opportunities to capitalize on some of the best tax breaks available in the US tax code. This strategy can reduce tax burdens and generate monthly income streams.
Contact us today for information about investment opportunities, tax advantages, and financial gains within the oil and gas industry.
What Tax Advantages Are Available?
Fidelis Royalty Group LLC offers a wide range of profitable tax advantages for clients, including:
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Intangible Drilling Costs (IDCs) – Available for capture in the year that costs are incurred (up to
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100% for new drilling ventures). See IRS publication 535, page 25.
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Tangible Drilling Costs (TDCs) – With bonus depreciation, 100% Tax deductible in-year costs are incurred, and assets are placed into service.
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Lease Operating Expenses (LOEs) – 100% Tax deduction.
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Percentage Depletion – 15% of gross income, in excess of cost depletion.
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*Subject to limitations.
*TAX ADVANTAGES ARE INDEPENDENT OF THE INDIVIDUAL AND VARY BASED ON PERSONAL TAX LIABILITIES. PLEASE CONSULT YOUR TAX PROFESSIONAL. ALL OF THE INFORMATION PROVIDED IS BASED UPON CURRENT US LAW AND IS SUBJECT TO CHANGE. ADDITIONALLY, SOME RULES MAY LIMIT THE ASSOCIATED TAX ADVANTAGES FOR AN INVESTOR. THIS DISCLAIMER IS NEITHER INTENDED NOR USEFUL BY ANY PERSON OR PERSONS FOR THE PURPOSE OF AVOIDING ANY POTENTIAL TAX PENALTIES. THIS IS SIMPLY TO PROVIDE INFORMATION. ALL TAXPAYERS ARE ENCOURAGED TO SEEK ADVICE FROM AN INDEPENDENT TAX ADVISOR. ALL PROSPECTIVE INVESTORS ARE PROVIDED WITH A PRIVATE PLACEMENT MEMORANDUM (PPM) IN ADDITION TO THE INVESTMENT LITERATURE. TAX RISKS ASSOCIATED WITH AN INVESTMENT IN ANY FRG JOINT VENTURE ARE PROVIDED AT LENGTH WITHIN THE PPM.