Let us introduce ourselves
A few words
about us
Headquartered in Dallas, Texas, Guardian Energy Partners firmly believes in putting the investor first. From selecting low-risk, high-income potential plays in all regions of Texas, to eliminating unnecessary costs, our primary objective is to keep investments as low as possible while maximizing your ownership stake.
Focused on
U.S. based drilling
prospects
Operating in multiple areas throughout the United States, Guardian Energy Partners provides accredited investors the opportunity to boost their portfolios and significantly lower their tax burden by acquiring valuable energy assets. Contact us today for a free consultation and investing prospectus (accredited investors only).
Some of the
Tax benefits of investing in oil and gas
Investors who participate in an oil and gas drilling program are afforded significant tax benefits. From writing off the costs of drilling to mitigating your tax burden on the revenue received, here are some of the benefits one can expect from an oil and gas working interest investment
Intangible Drilling Costs (IDC’S)
Intangible Drilling Costs are the labor and supplies incidental that are necessary for the drilling and preparation of the well for production of oil and gas. This is approximately 80% of the total cost of the investment and 100% deductible in the year of investment.
Tangible Drilling Costs (TDC’S)
Tangible drilling costs include hard assets such as the wellhead and production equipment. TDC’s are approximately 20% of the total cost of the investment and are typically depreciated over a seven year period. In some cases, TDC’s may be accelerated under Section 179 of the Tax Code. If Section 179 is elected, 100% of the TDC’s can be deducted in the year of investment.
Depletion Allowance
Depletion applies when production begins, and it allows the owner of a producing oil and/or gas well to recover their investment through tax deductions over the period in which oil and/or gas is produced. The depletion deduction is 15% of gross income for the life of the well. The deduction is placed on line 12 of Schedule C/Form 1040.
Active vs. Passive Income
The Tax Reform Act of 1986 introduced into the Tax Code the concepts of “Passive” income and “Active” income. The Act prohibits the offsetting of losses from Passive activities against income from Active businesses. The new Tax Code specifically states that a Working Interest in an oil and gas well is not a “Passive” activity; therefore, deductions can be offset against income from active stock trades, business income, salaries, etc.
Use money you would otherwise pay out to federal and state income taxes to build a portfolio in energy.