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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (28158)	2/14/2003 8:52:48 PM
From: Cogito Ergo Sum	Respond to of 36161

Hi Iso, has been throwing off absolutely enormous monthly income. I positively glow each month now :o) That steady stream balanced with some lower yielding but steadier vehicles is very nice,(Cold storage, Peat Moss, Marine Terminal, even Sardines LOL) boring but nice. I throw winnings into the 'trusts'. depletion & depreciation can be deducted from gross distributions received? so far for me all these are in tax deferred accounts so I don't need to worry. I have some outside this year so I may come to enjoy them less at that point, when I have to deal with more complicated tax issues. Usually they post these things on the web sites don't they ? Sorry but I've never had to pay attention yet. yeah tax time coming yecch! regards Kastel EDIT: On teh steadiness and lack of great price appreciated that suits me just fine. Steady high yields (isn't PVE up around 22% ?) and stable price allows me to accumulate, tells me I don't have to worry about soaring unit prices and the temptaion to sell and reaccess strategies, debt must be being attacked with increased cash flows I hope... so far so good...