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Old 10-11-2005, 06:09 PM
midas midas is offline
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Join Date: Aug 2003
Posts: 79
Default Re: Investing in Oil and Gas mining. Taxbreaks.

1. It's not as simple as you think
2. Most LP's allow you to defer tax liability not avoid it.
3. These tax deal can really backfire if structured too aggressively - tread wisely
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