Please contact your accountant for specific tax advice.
U.S. Oil Properties is an online investment platform for energy investments. U.S. Oil Properties gives investors the ability to:
You can get started as an investor on U.S. Oil Properties by creating an account here.
The investment and checkout process is conducted online. You will be prompted to provide or verify any required information, as well as to make the necessary acknowledgments electronically.
After an investment has closed, investors can track its performance in their portfolio. Within the portfolio, investors will find all the relevant deal documents, as well as receive updates, distributions, and tax documents.
As long as you are an investor, we will send you a Form 1099 or a Form K-1, as appropriate, by approximately mid-March of the following tax year.
More on the process of how oil and gas operators use U.S. Oil Properties can be found here