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Tax Smart Real Estate Investors Podcast cover image

297. Drilling Into Profits: A Case Study on Oil & Gas Working Interests with Troy Eckard

Tax Smart Real Estate Investors Podcast

ADVICE

Oil & Gas Working Interest Investing Advice

  • Focus on shale plays with horizontal drilling and reasonable pricing.
  • Expect income to start in 9-12 months, with the bulk of returns coming in the first year.
  • Reinvest initial returns for tax deferment and compounded growth over several years.
  • Hold the investment for at least three years to avoid IRS recapture of tax benefits.
  • Consult a tax planner to optimize strategies like 1031 exchanges when taking profits.
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