Imagine transforming your financial landscape by strategically navigating tax brackets and maximizing returns. By optimizing your investments, you can discover how understanding the complicated parts of your tax situation can be the key to unlocking unexpected financial benefits and achieving your wealth goals.…
In this episode Tim and Greg along with their guest, Don Hosmer, discuss how you can gain passive income through an investment in the oil and gas industry. They explain how you can reduce taxes through such an investment, how the industry has evolved through the years, and also warn about the downsides of taking the risks of being in the business.
They also highlight the importance of having a consulting professional who can help you diversify your investments to help mitigate risks.
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WHAT TO LISTEN FOR
5:55 Tax Benefits of Investing in Oil and Gas
11:13 Passive Income Using Oil Investment
16:07 Oil Drilling and Investment Opportunities
21:17 Investment Risks
27:13 Tax-free Wealth
31:13 The Importance of Diligence in Investing
35:57 Why Education is Vital
RESOURCES/LINKS MENTIONED
Tax-Free Wealth by Tom Wheelwright
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Tim Lyons, Greg Lyons and Paul Dircks are Registered Representatives of Finalis Securities LLC, member FINRA/SIPC. This material has been prepared for information and educational purposes only, and it is not intended to provide, nor should it be relied on for tax, legal, or investment advice. Investors should consult with their own tax, legal, and financial professionals before investing. Podcasts reflect the opinions of only the authors who are Registered Representatives of Finalis and do not reflect the views of Finalis, Inc. or any of its subsidiaries or affiliates. Real estate investments are generally highly risky. They can be volatile, unpredictable, illiquid, and are subject to ebbs and flows and market shifts. Investors also risk the loss of all principal investments. Any third-party information provided therein does not reflect the views of Finalis or any of their subsidiaries or affiliates.
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