Episode 50 - The Tax Advantages of Oil and Gas Investing
In this episode of Purpose-Driven Wealth, Mo Bina and Matthew Iak talk about the tax advantages of oil and gas investing. From Matthew’s perspective, the oil and gas investment is the best financial planning tool because it can get so much more...
In this episode of Purpose-Driven Wealth, Mo Bina and Matthew Iak talk about the tax advantages of oil and gas investing. From Matthew’s perspective, the oil and gas investment is the best financial planning tool because it can get so much more return in a faster period. This time value allows you to do other things with that cash, like investing it back in other asset classes. He also added that tax deductions contribute to higher and faster cash flow. To learn more about investing in the oil and gas space, tune in and enjoy!
In this episode, Matthew talks about…
- Oil and gas performance in hyperinflation or stagflation
- Opportunity zones and their benefits to oil and gas investors
- Mineral rights and mineral vertical working interests
- On why the tax code incentivized domestic energy development
- Types of structures and offerings available for investors that are interested in oil and gas
- Financial advisor – the best conduit to get to energy
About Matthew Iak…
Matthew Iak is the Executive Vice President of U.S. Energy Development Corporation and a member of the company’s Board of Directors. He has overseen the capital raise of more than $1.6 Billion since he joined the company in 2005.
Mr. Iak has extensive knowledge of private placement, Regulation D, and estate and tax planning strategies. He has led the construction and underwriting of multiple new investment structures in the oil and gas space which include, energy 1031 exchange funds, private capital acquisition funds, and most recently qualified opportunity zone funds.
In addition to being on the Board of Directors at U.S. Energy, Mr. Iak is a member of the company’s second generation leadership team, serves as the President for a series of family real estate and real estate management companies, and is the CEO and President of U.S. Energy’s Managing Broker Dealer, Westmoreland Capital Corporation. Mr. Iak is also a board member for Real Asset Advisor.
Prior to joining U.S. Energy, Mr. Iak worked as a financial advisor and oversaw client assets in excess of $1 Billion.
A highly sought after public speaker, Mr. Iak is frequently invited to present within the financial community on oil & gas economics, taxation, and financial planning. Mr. Iak is a graduate of Canisius College and holds his FINRA Series 7, 24, 63, and 66 licenses.
Catch Matthew Iak on…
Website: https://www.usedc.com/
LinkedIn: https://www.linkedin.com/company/u.s.-energy-development-corporation/
Connect with Mo Bina on…
Website: https://www.high-risecapital.com/
Medium: https://mobina.medium.com/
YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured
Instagram: https://www.instagram.com/highrisecapital/
For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here:
https://www.high-risecapital.com/resources-index
Listen On
