How to Achieve Financial freedom with Freedom Checks
Investors have one Matt Badiali to thank as they have identified a new path to more financial freedom, Freedom Checks. This is a concept that may appear new to many but it is indeed based on statute 26-F enacted by the Congress way back in 1987 for companies that deal in the USA oil and gas industry right from production to transportation.
It is said that in one’s lifetime, one is guaranteed two things; taxes and death. Taxes are the gives investor’s headaches now and then. Now, what if I tell you that you can legally avoid paying large sums to the taxman and enjoy your money in a sector that will always guarantee you good returns year in year out? An investor in the oil and gas industry gets to earn monthly or quarterly Freedom Checks and due to its low tax liability, he gets to increase his total worth. No income tax is charged in this situation as the payments are considered returns on capital invested. Read more at banyanhill.com to know more.
One has to be on the lookout for Master Limited Partnerships (MLPs), a group consisting of 568 companies that deal in the production, processing, the storage and transportation of oil and gas, and buy a piece of their stock. This is done through stockbrokers whom you open a brokerage account with. A good investor will always be keen to follow up on companies they have bought into and when Freedom Checks are paid out you are guaranteed good returns depending on the stake amount. The MLPs don’t pay corporate taxes hence has more cash for its shareholders.
Freedom Checks do not come easy; the MLPs have to generate more than 90% of their revenues from the oil and gas processes, starting from production to transportation. They should also have agreed to make payments, up to 90% of the revenues, to their shareholders within set regular periods, monthly or quarterly.
Some of the MPLs share prices are very affordable hence one doesn’t require loads of cash to buy-in. This check payouts are said to be comparatively higher than the average Social Security payout and there are fewer restrictions in terms of age and income levels of participants. The MLPs are pretty stable in their revenue streams over different periods so a long-term investor should be assured of constant payouts as the MPLs strive to operate within the set statute. Read: https://dailyreckoning.com/freedom-checks-exposed/