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Oil & Gas Intangible Drilling Costs

Deduct 60–80% of working-interest investment in year 1.

Overview

Direct working-interest partnerships allow 60–80% first-year deduction against ORDINARY income (not just passive). High risk, high tax alpha.

Best fit
Accredited high earnersDiversified tax planning
Estimated impact
30–37% of investment × marginal rate

Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.

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