Fools by Martin Walker

Thursday, February 28, 2008

Tax Incentives for Film Investors

I attended a seminar yesterday where someone talked about the tax deductions that a film investor can take if they invest in a film.  While I don't know the particulars of this tax law, I think it would be very useful to find out about it from a tax advisor or a tax attorney.  Here is my disclaimer that I am not a tax advisor or a tax attorney, nor have I ever wanted to be a tax advisor or tax attorney, so please do not consider any of this tax advice.  Anyway, I posted the link to the article above (just click on the title of this blog entry).  If anyone has any knowledge of this tax credit and/or has used it to get some money back from Uncle Sam, I would love to hear about it.


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About The Three Shorts

Christine Le wrote and directed the 1st story Love 10 to 1.
The first story explores the life of a 29-year-old virgin, Jenny, who desperately wants to lose her virginity before her 30th birthday. As she encounters one loser after another on dates, Jenny pines after her boss, Dustin. While at her grandmother’s retirement home, Jenny learns a powerful lesson from her grandmother about sex and the meaning of life.


Christine Le (right) directs Shireen Nomura Mui (Jenny) & Justin Klosky (Jim).

Lucy Rodriguez wrote and directed Love Song.
The second story revolves around Shane, the lead singer of the L.A. rock band, Dirty Virgin. Shane has her pick of admirers but it’s her roommate Dustin she wants to be with. Shane confesses her feelings on Jackie and Jared’s show but when Dustin meets Cali, Shane’s shot at love starts to dwindle. With Dirty Virgin about to embark on a world tour, will Dustin realize that he’s the object of Shane’s affections? Will they risk their friendship to give this Love Song a chance?


Lucy Rodriguez & David Villar (Dustin)

Laura Somers wrote and directed Diving Lessons.
The final story picks up where Love 10 to 1 left off, but from the perspective of Jim, the guitarist of Dirty Virgin. Jim sees Jenny at a swimming pool, trying desperately to overcome her fear of diving. In fact, he finds out that she’s making a list of everything that she’s afraid of and trying to overcome them, one by one. He is instantly smitten and tries to convince her that he’s not just a rock star who ‘loves ‘em and leaves ‘em’. Can a rock star find love with a virgin?


Shireen Nomura-Mui, Laura Somers & Justin Klosky




Leah Anova is the Director of Photography for Love 10 to 1 & Diving Lessons.

Additional Cinematography on Diving Lessons by Erik Forsell

Matthew Boyd is the Director of Photography for Love Song.