There have been circulating news on Freedom Checks and this has brought in so much alertness and concern on the same. Some are wondering if it is a form of fraud or a legitimate investment. In response to this, a team of investment analysts have analyzed the matter and the sentiments about freedom checks is out. Freedom Checks is legitimate and was enacted through the Congress in 1987 under the 26-F statute. As at now, over 568 companies meet the requirements that were laid down in that statute. Read more about Freedom Checks at banyanhill.com. These companies can operate tax free if they are in compliance with two major requirements. These includes a must generation of 90 percent of their revenues from the company productions, processing, storage, transportation and the distribution of gas & oil products in United States. Secondly, they should agree towards payment of Freedom Checks benefits to each of the shareholders every year. Matt Badiali is the identity behind the Freedom Checks. He discovered the venture when he started working with a financial expert on a project that took him through various countries. It was known as Master Limited Partnerships (MLPs) that entailed 568 companies in issuance of the Freedom Checks. The common thing with these companies was that they functioned in the same line of industry in producing, processing, storing, and transporting gas & oil. They primarily discover more gas and oil wells where they transport them across the continents. The companies, MLPs, are expected to pay the distributions on either monthly or quarterly basis. These are similar to the stock dividends that Matt calls Freedom Checks.
For an investor interested in this venture, they do not even need to have a special account but rather buy shares in an MLP. The distributions are received through a brokerage account or the emails. From the analysis, many investors were already making over $10,000 up to $50,000 monthly through the freedom checks. The good deal about Freedom Checks is that you can expect a pay that is thrice or twice than other traditional investment plans for an average person. There is a considerable amount of interest from investors in this industry, and it is expected to keep thriving.
Matt Badiali is a geologist that discovered his dreams through working with a financial expert. Through the exposure, he learned much about investing and finances. He has been a CEO for several companies in the mining and oil industries. The tax-free distributions are because of return on capital approach. Read this article at Money Morning.