SIE (Securities Industry Essentials) Practice Exam

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Which type of Direct Participation Program has depreciation deductibles?

  1. Oil and Gas Programs

  2. Real Estate Programs

  3. Equipment Leasing Programs

  4. New Market Explorations

The correct answer is: Oil and Gas Programs

This is because Oil and Gas Programs involve investments in oil and gas resources, which can be written off as depreciation expenses on tax returns. Real Estate Programs may also offer some depreciation deductions, but they are not as significant as those offered by Oil and Gas Programs. Equipment Leasing Programs and New Market Explorations do not typically involve any potential for depreciation deductions.

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