In this episode, Ryan and Thomas discuss:
- The Tax Implications for Oil & Gas Investments: Ryan and Thomas delve into the tax nuances of oil and gas working interests, highlighting the potential for offsetting active income without materially participating.
- Navigating Mineral Rights and Royalties: We unravel the tax considerations for investing in mineral rights and royalties, emphasizing how these investments generate ordinary income and how you may be able to use passive losses to offset such income.
- Leveraging 1031 Exchanges for Oil & Gas Investments: Our discussion covers how real estate investors can use 1031 exchanges to transition from property investments to oil and gas ventures, exploring the tax advantages and strategic benefits of such moves.
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Tax Smart Real Estate Investors Podcast