Freedom Checks is a program where cash payments that are made by all shareholders of publicly traded partnerships run by the government. Banyan Hill Publishing is the company behind sharing the information on Freedom Checks that was originally founded in 1988. It is an opportunity where investors receive quarterly or monthly checks from businesses they have invested in and is tax-free. To be granted a special tax exemption, the investors must be given 90 cents of every dollar the business earns.
They are called Freedom Checks because the companies involved are in the energy industry and help make America more Independent and the hefty payouts they make help Americans financially stable.
The firms that give Freedom Checks are called Master Limited Partnerships and are mostly involved in the natural gas and oil industries. As much as the Freedom Checks are more like dividends most MLPs refer to them as distribution. It’s just like how stock dividends work except there’s a tax advantage involved.
When you invest in the MLPs, you buy a unit of the company and quarterly or monthly you get a portion of the yield depending on how the company performs. These returns offer very impressive returns, and some shareholders get to receive as much as $160,000 every quarter.
MLPs pay out at least 90% of their total revenues to their investors and are exempted from the federal income tax as well as their shareholders. If their investors sell their shares, they are charged comparatively small tax on capital gains. President Nixon promoted the creation of a law to reward people investing in the energy industries. He promoted the creation of this law because he wanted to maintain the independence of the United States by encouraging production of more energy.
To make more money, you need to make a significant amount of capital. Regardless of age and income, you can sign up to get these checks, and you can invest as much as you want. It is possible to invest in these shares and in return get good returns as long as you have enough money to invest. It’s practically a gamble as you might make a huge amount of profits, but you could also make a considerable loss.