Meetings

CTEA'S next meeting via Zoom is:

Date:  Monday, March 16, 2026

Subjects: 

1.) Intangible Drilling Cost Programs                   

2.) 2027 Opportunity Zone Funds

Speaker: Earl Proeger, DST Consultant - Grace Capital Management

Program Number: NX6M8-T-00161-2026-O 

Prerequisites: None

CE Credit Hours: One

Time: 10 a.m. - 11 a.m.

• IDC (Intangible Drilling Cost programs) - discussion on investing in an oil/gas drilling play and writing off 70% of the investment in the first year, effectively diminishing or eliminating income or a capital gains tax bill. No 1031 Exchange necessary in the case of real estate.
• 2027 Opportunity Zone Funds - New under the "One Big Beautiful Bill" - investing  proceeds into real estate development deals that are tax-incentivized by the government. Money must be reinvested within 180 days, but no 1031 Exchange is necessary. Discussion on a consideration is to wait until July of 2026 to sell and then invest in 2027 to gain the benefits of the updated rules that came with the OBBBA.

Earl Proeger spent 10 years in mortgage origination before making the move to wealth advisory, where he now holds Series 7 and Series 63 licenses and works exclusively with accredited investors in the alternative investment space. Most of the products he works with share a common thread — they help investors keep more of what they earn by mitigating, deferring, or eliminating taxes on W-2 income or capital gains. Earl's real estate background gives him a natural edge in a space dominated by real estate-backed investments, oil and gas programs, and mineral rights. Today he's covering two offerings that enrolled agents should have on their radar: Intangible Drilling Cost programs and Opportunity Zone Funds — both built specifically for capital gains tax relief.
 

Note: Invitation to this event will be made to members through email. The email will include the meeting link. Visitors or anyone else interested in attending this meeting must email Jackie Rollins at JackieRollins02@aol.com for an invitation.