- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Ever wanted to invest in a film?
Posted on 1/26/25 at 7:21 am to horsesandbulls
Posted on 1/26/25 at 7:21 am to horsesandbulls
2
Posted on 1/26/25 at 7:34 am to Richleau
quote:
rodriqueslaw.com/quote:/section-181-tax-breaks-film-and-television-production
blog
Seems like a Money Board topic.
Posted on 1/26/25 at 7:47 am to Richleau
*Edit - I see you're thinking of creating a production company, not just trying to raise $ for a project. I may have jumped the gun. Below is something I saw Justine Bateman float on X.
Seems to me that if you could have success with a project, then maybe lean into the company more? Not sure how that'd work.
Oh well.
Seems to me that if you could have success with a project, then maybe lean into the company more? Not sure how that'd work.
Oh well.
Loading Twitter/X Embed...
If tweet fails to load, click here.This post was edited on 1/26/25 at 8:04 am
Posted on 1/26/25 at 8:18 am to Richleau
Did you read your links?
My dude, don’t tell people there’s tax savings when you yourself can’t explain it.
quote:
Section 181. Fuhgeddaboudit for raising film financing. In theory, Section 181 permits a deduction of the first $15 million for the cost of producing a film in the U.S. However, the deduction is only deductible against a limited type of income that most individuals don’t have, and at best the benefit is a one year deferral of tax. And if you are pitched Section 181 as a leveraged tax shelter (“You can deduct four times your investment!!”), run – it is into the deep black (not grey) on the tax scale.
My dude, don’t tell people there’s tax savings when you yourself can’t explain it.
Posted on 1/26/25 at 8:32 am to horsesandbulls
You need it to be set up as a NFP to give the “not really investors but contributors” a tax break. Your company would have to operate no profit. That’s fine if it’s what you want, but there’s always a chance a movie could take off somehow and who wants to miss out on that?
If you operate for profit, even if it was possible to get a tax break with the contribution, why would I want to pass up on a chance at huge returns if a film actually makes it big.
I like the thinking, just not sure how you could properly execute it.
If you operate for profit, even if it was possible to get a tax break with the contribution, why would I want to pass up on a chance at huge returns if a film actually makes it big.
I like the thinking, just not sure how you could properly execute it.
Posted on 1/26/25 at 10:51 am to Froman
quote:
I work in film and I have never wanted to invest in a film. There’s a 99% chance you’re never seeing that money again.
You clearly missed the giant carrot of a tax write off.
I get the feeling OP woke up this morning with an “I have a dream” moment, and this is his version of cold calling “investors.”
Posted on 1/26/25 at 10:58 am to Richleau
shite, honestly, I’d just as soon invest in a restaurant as far as ROI is concerned.
I love movies, but the costs and chances of success are not favorable.
I love movies, but the costs and chances of success are not favorable.
Posted on 1/26/25 at 11:05 am to VOR
The concept is more in league with offsetting taxes, similar to donations to do the same. Kind of like folks donating to local theaters and museums. Same concept. I’ll gather more info as I’m not a professional in that realm at all. It’d be neat if someone with a legal or accounting background could join in on the convo and provide more guidance.
Posted on 1/26/25 at 3:55 pm to Richleau
From FORBES
That’s not the same as charitable contributions you are referring to, which need to be above the standard deduction if they are to have any impact on an individuals tax liability.
I am not saying this is not a good or bad idea, I know very little about making movies. All I’m saying is the tax impact you are saying exists, likely does not.
I am a CPA
quote:
For individuals, the Section 181 deduction can only offset a very narrow category of income, which generally consists of taxable income from real estate (and most real estate investments don’t generate taxable income due to favorable tax rules) and passive interests in businesses held by pass-through entities.
That’s not the same as charitable contributions you are referring to, which need to be above the standard deduction if they are to have any impact on an individuals tax liability.
I am not saying this is not a good or bad idea, I know very little about making movies. All I’m saying is the tax impact you are saying exists, likely does not.
I am a CPA
Posted on 1/26/25 at 8:43 pm to CollegeFBRules
quote:
You clearly missed the giant carrot of a tax write off.
I did! 
Posted on 1/27/25 at 2:08 am to Richleau
quote:
Ever wanted to invest in a film?
This post was edited on 1/27/25 at 2:09 am
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News