Hi,
We have wells being permitted and it seems like they will be producing by early 2028. I’m curious if anyone here has deployed strategies to offset the income from the initial years of production? Perhaps buying or starting a business where you can do accelerated depreciation (ie buying residential or commercial real estate) in the early years is one example that came to mind. I have a mineral attorney and business attorney and CPA that I will be discussing this with but wanted to see what folks are already doing here.
Thanks,