U.S. Energy Development Corporation, a sponsor of direct-ownership oil and gas investments, has launched its 2019 A and B Drilling Fund LP. This year’s Drilling Fund incorporates Opportunity Zone benefits in ‘Fund A’ designed to combine favorable Opportunity Zone tax benefits with the inherent tax-advantaged nature of oil & gas direct investments.
Investment Professionals including Broker Dealers, Advisors and RIAs are invited to learn more about the Energy ‘Twist’ on Opportunity Zone Funds by joining U.S. Energy for a webcast on Monday, August 19 at 2:00 p.m. EST: Register Here
The Energy ‘Twist’ On Opportunity Zone Funds (Continuing Education for CFP/CPA)
Discussion Will Include:
- How Qualified Opportunity Funds (QOF) Benefit Clients with Capital Gains
- The Energy ‘Twist’ on Opportunity Zones: Stacking QOF benefits with the inherent tax-benefits of oil & gas direct investments
- Unique ways Energy QOFs may benefit from Opportunity Zone Rules
- Tax-Advantaged Distributions & Reinvestment Features
- Implementing QOFs in Your Practice and Strategies to Generate Referrals for High Net Worth clients
Passed as part of the Tax Cuts and Jobs Act of 2017, qualified opportunity zones are land tracts designated by the U.S. Treasury Department and Internal Revenue Service. To incentivize private investment in these communities, the legislation creates tax breaks for investors who make qualified long-term investments that have the potential to promote economic growth in these zones.
U.S. Energy’s 2019 Drilling Fund A is a $200 million offering. The offering is for Accredited Investors only.
Established in 1980, U.S. Energy is an independent oil and gas operator that specializes in direct participation programs. The company sponsors three partnership investment structures which include drilling funds, acquisition funds, and 1031 exchanges for accredited investors. Since the early 2000’s, the company has invested in, operated and/or drilled more than 2,400 wells in 13 states and Canada, and has deployed more than $1.4 billion.
U.S. Energy is a sponsor of The DI Wire, and the article was published as part of their standard directory sponsorship package.