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Have you ever found out any information about the "green preservation partnership" that is sold by Pathfinder at http://www.tax-saving-professionals.com/. They wanted me to pay over $38,000 to set it up for me. They guaranteed me a $38,000 tax savings every year. Basically I would pay into the partnership $78,876 and get a tax credit of $318,622 Which appears to be 4 times contribution based on my tax bracket of $631,000 I would end up saving $38,014 EVERY YEAR. Seems pretty easy if I could find the IRS form and the partnerships to contribute to
Maybe this will help
Projected Savings From Green Preservation Partnership
Projected Itemized Deductions
Projected Personal Exemptions
Projected Taxable Income
Projected Year One Tax Savings
Marginal Tax Rate
Effective Tax Rate
Potential GPP Funding
Net Year One Federal Tax Savings
Net Year One State Tax Savings
Tax Effect of $1 GPP Investment
Total Net Tax Savings
Hello, my name isXXXXX & I'll be helping you today. My goal is to give you a complete & accurate answer that you can understand.
I've looked over their website, including supporting & detail pages and there's a lot of fluff & promises, but no detail or specifics. Basically, there's no way that you can invest in something and realize more in tax savings than you put into the program.
It doesn't make any sense economically; a long time ago, before the IRS changed the regulations, if you were obligated for non-recourse debt, you could claim tax deductions in excess of your investments; those rules do not apply anymore.
Poor service - What do you mean - we haven't discussed anything yet?
Not much help. I was looking for the IRS info that supported this deduction
Your link goes to the website only; there are no specific investments listed there; you must be able to access additional information as a "member" of the site.
You won't find it as it doesn't exist.
Can't they provide the information as part of what they are selling? If not, that should tell you something.
I'm sorry to provide "bad news", but this is only one of hundreds of similar sites that offer basically the same thing in one form or another.
What are you supposedly investing in?
That's the first question.
Not much of an answer - please cancel all of my payments as well as any future payments. I DO NOT want to sign up for any type of subscription from just answer. They provided me with the attachment I had previously sent with quite a few agreements
The "Green Preservation Partnership", in & of itself, tells us anything.
Well, I never saw any attachments.
Sorry, but I don't handle the money here; I just respond to questions; you don't need to rate me as giving poor service to get all your money back; we have an unconditional money back guarantee;
I was supposedly investing in a land partnership where the developers guaranteed that they would not build or leave some green property and the IRS gave tax deductions. I would contribute to the green partnership to get the 4 times contribution tax deduction. In my bracket the deduction is more than the contribution, hence tax saving
I can notify customer service to contact you; we don't get any information about fees, etc. I have no idea what you paid.
I changed my rating - Just didn't get answer
I don't see any change in your rating?
Please let customer service know that I do not want any subscription. You have Good service
What you are being promised does not exist.