Matt Badiali is the one who came up with the idea of freedom checks. The idea has been sensational in the last couple of months with investors trying to verify the legitimacy of the plan. Unfortunately, as some are still looking for the legitimacy, others are already in profits. Matt Badiali is a geologist and deals with natural resources as well as companies that deal with these resources. He looks for investment opportunities in this industry and then shares the information with the investors who are interested. He has his own newsletter known as the Real Wealth Strategist through which he shares more ideas with his followers. More about of Freedom Check at bitcoinexchangeguide.com
What are freedom checks?
Now that the person behind the idea is not in doubt anymore let’s look at the real matter on the table. Matt Badiali introduced freedom checks in an advert where he was holding something that looked like a tax refund check. In fact, many people got confused about the whole thing and even alleged that it was a government project that would give them free money for doing nothing. However, this was not the reality. In reality, everything about freedom checks is like any other legit investment that one makes in the stock market. You must first invest in order to benefit from the profits made by the businesses in which you have invested.
Many people who were initially excited about freedom checks got demotivate when they realized that they had to do it like the stock market. They thought it was free money, but this was not the case.
These checks come from businesses known as MLPs. These businesses are just like the companies we know, but they operate under slightly different regulations especially when it comes to tax deductions. The Internal Revenue Code 26, subtitle F allows these companies to get tax exemptions. MLPs are companies which deal with natural resources in the United States. They are either in transportation, storage, or processing of natural resources. They are profitable businesses because they deal with businesses which are least affected by the changes in the mining industry. The cost of storage of any natural resource is likely to remain stagnant even if the prices are going up or down. The businesses, therefore, make profits every year.