123: Why You Don’t Have to be Rich & Famous to Fly Private with Nik Tarascio

The Lifestyle Investor - Investing, Passive Income, Wealth · Mar 2, 2023 · 49m

How much money do you really need to fly private? It turns out, you don't need as much as you’d think.

When I was younger, I often wondered, how in the world does someone afford a multi-million dollar plane? I used to think you had to put $15M down to buy one. The reality is, most people finance it over time, and in the process, they take advantage of some serious tax write-offs.

Imagine for a moment that you had a BIG exit. Amazing! Except there’s one problem. Now you have to worry about a huge tax liability. I can’t tell you the number of business owners who get nailed with an insane tax…