Oil & Gas Tax Secrets: Maximize Wealth & Minimize Risk

Guest:Don HosmerCo-Founder of Royal Energy | Oil & Gas ExpertLinkedInHost:Melissa AarskaugExecutive Connect | WebsiteYouTube: @ExecutiveConnectEpisode Overview:Welcome to another episode of the Executive Connect Podcast. In this conversation, I sit down with Don Hosmer, co-founder of Royal Energy, to explore the lesser-known financial benefits of oil and gas investing—particularly the tax advantages that savvy investors are tapping into. We unpack how the industry has evolved, what intangible drilling costs (IDCs) really mean for your wallet, and why monthly income from oil wells isn't just for the ultra-wealthy. Don also breaks down what it means to be an accredited investor, how to mitigate risks, and where the oil and gas market is heading next. We spoke about:• How oil and gas investments have shifted in recent years• What IDCs are—and why they’re a huge win at tax time• Earning monthly income from energy assets• What makes someone an accredited investor and why it matters• Risk management strategies in a volatile market• What the future looks like for energy investingTimestamps:00:00 – Introduction to Oil and Gas Tax Strategies03:02 – The Evolution of Oil and Gas Investments05:56 – Understanding Intangible Drilling Costs (IDCs)09:08 – Monthly Income and Tax Benefits from Oil Investments11:59 – Accredited Investors and Investment Strategies15:00 – Current Market Trends and Future Predictions17:46 – Mitigating Risks in Oil and Gas Investments21:04 – Final Thoughts on Oil and Gas InvestingConnect With Us:Podcast Website: executiveconnectpodcast.comYouTube: @ExecutiveConnectSocial:Melissa Aarskaug on LinkedInExecutive Connect on LinkedInTikTokX (Twitter)