Peeling Back the Mask on Freedom Checks
Matt Badiali has been the sensation that has had many tongues wagging. This is after he introduced the idea of Freedom Checks. In one of the ads, he is seen holding a check worth $114,287 which sort of resembles the tax refund checks one receives from the government and claims that this could be a payout to you. Instinctively, many rubbish these ads off with the thought that they are scams; too good to be true. In this feature, we are going to take a keen look at what freedom checks are and not.
Let’s first clarify what they aren’t. These checks are not a program of the government as most ads seen to imply. This means that it’s not the government that is writing out checks to people or corporations all over the nation. Also, they are not a new thing under the sun. In fact, the model on which they are based on has been in existence since 1981. What model is this? Let’s take a look at it. Visit streetwisereports.com to know more.
Freedom Checks are just a fancy name for Master Limited Partnerships (MLPs). These are partnerships that perform the same role as publicly traded limited partnerships. How do they function exactly? Well, it means that they reap tax related perks. These include their profits getting taxed only after all the investors have received the profits. An MLP is also a beneficiary of the fluid nature as well as the high liquidity that only companies that have gone public enjoy.
As mentioned earlier on, MLPs have been in existence since 1981 though they were less regulated. It was not until 1987 that Congress enacted the 26-F statute that the provision for MLPs was provided. Of course, very few companies fell under that umbrella then, but there are now over 550 companies that satisfy the statute and are capable of handing out Freedom Checks.
With that behind us, let us now take a look at some of the monetary benefits that come with MLPs. One is that any person can get involved. This is because, for $10 or even less, one can begin trading and get returns. Moreover, one is not required to set up a particular account to start reaping the benefits. The process of buying is as easy as buying a share or stock. One can even receive their Freedom Check in the mail or have it deposited in their account of choice. The returns are also considerably high considering that the government finds the payments to be ‘return of capital’ and thus does not subject the payments to income tax.
All this goes to show that Freedom Checks are legit and a venture you should consider getting into. Learn more: https://forexvestor.com/real-wealth-strategist-review