perinova
Full time employment: Posting here.
- Joined
- Apr 18, 2006
- Messages
- 534
I am repeating what I just heard on a youtube thingy and the subject is investment in oil and gas through a partnership.
I wouldn't know how to find those investments., but apparently 80pct of the initial investment is, for tax purposes, considered a loss on the W2.
This seems like a very good option to offset the tax implications of unwanted RMDs.
Thereafter it takes 5-7 years to recop the money.
I would have to read a lot more on this but, anyone has considered this?
I wouldn't know how to find those investments., but apparently 80pct of the initial investment is, for tax purposes, considered a loss on the W2.
This seems like a very good option to offset the tax implications of unwanted RMDs.
Thereafter it takes 5-7 years to recop the money.
I would have to read a lot more on this but, anyone has considered this?