DALLAS, Texas, May 23, 2011 (SEND2PRESS NEWSWIRE) — Domestic Development Company announces a compelling real estate investment product that allows people to invest in oil, while yielding the greatest payback, superior tax benefits and long-term cash flow.

“In today’s volatile real estate market, many real estate investors are seeking alternative investment opportunities,” says Charles H. Havens, CEO Domestic Development Company.

In fact, according to a recent article that appeared on FoxSmallBusinessCenter.com, home values have dropped for 57 consecutive months – a certain sign that the country’s housing market is still struggling to recover from the recent financial crisis.

Further, Inman News reported that most U.S. adults don’t expect real estate recovery until 2014 or later.

So, where can real estate investors turn?

Investing in oil is the answer,” says Havens. “It’s real estate. It not only provides a secure investment environment; it also provides a superior tax advantage and proven, documented 25 to 45 percent returns, annually.”

While gold and the stock market are traditional investment avenues, key players at Domestic Development Company will argue that investing in domestic oil has major tax advantages and cash flow over gold; it’s less volatile than the stock market; and provides the overall greatest pay back and creates good-paying jobs in the domestic oil industry.

Havens explains that the level of profitability has increased in the last two years. Typically, real estate investors will make their initial investment back in two to four years.

Aside from zero depreciation in oil real estate, there are numerous advantages to investing in oil. Among them is the 1031 Real Estate Exchange for Oil and Gas Production. Under Section 1031 of the U.S. IRS Code 26 U.S.C. 1031, the exchange of certain types of property may defer the recognition of capital gains or losses due upon sale. In turn, this defers any capital gain taxes that may be due.

Additionally, recent congressional incentives encourage domestic petroleum development via tax credits. These tax credits were placed in the tax code to make participation in oil and gas ventures one of the best tax-advantaged investments. For example, a $100,000 investment would yield $75,000 in tax credits.

About Domestic Development Company:
In business since 2004, Domestic Development Company’s mission is to provide economical and rewarding investment-grade opportunities in the oil and gas industry. DDC has an A+ rating with the Better Business Bureau.

The company attributes a large portion of its success to achieving reduced investor costs and higher returns by utilizing specific, proprietary strategies and integrated technological exploration methods for its revitalization to existing and capped wells.

As a result, investors have substantially reduced risk and lower front-end exploration costs.

For more information visit http://www.ddcoil.com or call 214-449-0834.

News issued by: Domestic Development Company

Domestic Development Company

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Original Story ID: 2011-05-0523-001 (6973) :: 2011-05-0523-001-Invest-in-Oil

Original Keywords: Invest in Oil, DDC, Charles H Havens, Domestic Development Company, real estate investment product, investing in domestic oil has major tax advantages and cash flow over gold, zero depreciation in oil real estate, real estate investors, land, Dallas Texas business news, revitalization to existing and capped wells Domestic Development Company Dallas Texas DALLAS, Texas

Alternate Headline: Zero depreciation in oil real estate: Domestic Development Company announces a compelling real estate investment product to invest in revitalization of existing and capped oil wells

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News Source: Domestic Development Company