Travis Allen
Personal CFO. Professional Money Manager since 1996. CA State Legislator 2012 to 2018
The goal of business is not to make money. It's to buy assets.
That's the game the ultra-wealthy play—and it's written directly into the tax code.
Here's what most people don't understand:
Income = taxed heavily
Assets = tax breaks, cash flow, and appreciation
Every tax code in the world rewards the same behavior:
* Buy real estate → depreciate it (even as it goes up in value)
* Build businesses → hire people, get deductions
* Own assets → generate passive income with tax advantages
Done right, you can:
✅ Never pay tax
✅ Build cash flow that scales
✅ Grow your net worth while reducing your tax bill
✅ Pass it all to your heirs tax-free (step-up in basis)
The whole game is assets.
If you're making millions but not converting it into income-producing, depreciable assets—you're leaving money on the table.
Car Collection to Cash Machines
Supercars sitting in your driveway? Stop appreciating only in looks and burning through your net worth. The solution? One word: Turo.
🔑 Here's how it works:
1️⃣ Take a Lamborghini Huracán, with an average rental rate of $800 to $1,000+
2️⃣ Transform that car from an expense to a cash-producing asset
3️⃣ Renters typically put fewer miles on the vehicle, and it's fully insured
Now, imagine having five supercars worth $5 million. Hire someone to manage your Turo program for around $50-$60,000 (market-dependent). Even if each car is rented out for just 50% of the year (15 days a month), that's $15,000 per car, potentially totaling $180,000 annually per car.
Multiply that by five, and you've got $900,000 in revenue. Your supercars are now hard at work, earning for you
Outgrown Your Advisors? Most financial planners, accountants, and attorneys are only trained to look at a small portion of your financial life. A Personal CFO solves this by managing your entire team and providing you with a clear path to take control of your life and your money. Are you ready for the next level?
Using Trusts for Asset Protection
1️⃣ For assets like cars, move them out of your personal name and into a title trust. This separation shields your ownership from potential claims
2️⃣ Real estate? Shift it from your name or living trust to a land trust. A Land Trust usually bears the property's name, offering anonymity
3️⃣ Establish a Wyoming LLC as a holding company for your assets. It provides charging order protection, limiting what plaintiffs can seize
4️⃣ For the ultimate protection, consider an offshore trust with a foreign trustee. Assets flow into a separate trust beyond US Court jurisdiction. You still report income but fend off US plaintiffs.
TAX BREAK: Airbnb Rental Exclusion
If you're having a big income year but have run out of tax write offs, consider the Short-Term Rental Exclusion strategy:
1️⃣ Invest in a property (like multifamily residential) and convert it into an Airbnb, offering short-term rentals of seven days or less
2️⃣ As long as the property is put into service by December 31st this, you can potentially write off the full bonus depreciation value vs your ordinary income taxes this year
How big is the tax break? You could potentially deduct up to 30% of the property's purchase value at an 80% rate, thanks to 2023 bonus depreciation.
✅ Example: With 25% conventional financing on a $10 million property ($2.5 million down payment), you could potentially get a $2.4 million tax deduction this year.
DM me “Airbnb” for more info
MASSIVE 2023 Tax Write Off: Bonus Depreciation
1️⃣ Introduced in 2018 by the Tax Cut and Jobs Act.
2️⃣ Typically, property depreciation takes decades (27.5 or 39 years).
3️⃣ Utilize a Cost Segregation Study to identify shorter-lived components.
4️⃣ Separate and categorize items with a lifespan of 20 years or less.
5️⃣ You can deduct the full amount of these items in the first year (think carpets, windows, landscaping).
6️⃣ Typically, it's 25-35% of your property's value.
7️⃣ In 2023, you can write off 80% of this against your passive income.
8️⃣ Example: A $1M building with 30% eligible = a $240,000 deduction!
9️⃣ Any unused deductions can be carried forward for future years.
🔟 A bonus tip: You can also apply this deduction BACKWARD to your 2022 income if it creates a Net Operating Loss.
In addition, if it’s a business property, bonus depreciation is an operating expense! Imagine potentially getting back 24% on every million in real estate on your 2023 taxes…
DON’T WAIT! Bonus Depreciation drops by 20% after 12/31 and eventually disappears. DM me “Bonus Depreciation” for more information.
What is Security through Obscurity?
1️⃣ Take properties in your name and retitle them under a land trust. John Smith becomes 123 Main St. Trust. Your name vanishes from asset searches.
2️⃣ For non-personal residence properties, have your Land Trust owned by a separate holding company (like a Wyoming LLC).
If you own multiple properties in your name, it might be time to protect yourself
Are you ready to get the full story?
Why Use the Cook Islands?
The Cook Islands have some of the most robust asset protection laws worldwide, and here's the key: They're beyond the reach of U.S. courts.
Remember, you have to pay taxes on all your assets, no matter where they are. But they don't have to be vulnerable to those eyeing your wealth. 🌎💰
The Federal Reserve just printed a MASSIVE 13 trillion dollars out of thin air. That means your hard-earned cash is worth less because there's more money in circulation.
💰 For example, if you earned $100,000 in 2021, it's now worth $14,000 less. That's right, $100,000 two years ago is worth just $86,000 today. 😱
Why aren't Congress members, top CEOs, and big investors complaining? Simple. They know how to PROFIT from it.
Maybe it's time you learn the game too
The Augusta Rule: Wealthy Homeowners Tax Secret
Here's how to unlock incredible tax benefits with this little-known strategy:
➡️Augusta Origins: Born when Augusta, Georgia residents pushed for tax breaks during the Masters golf tournament
➡️14-Day Exception: You can rent your personal residence for up to 14 days a year without reporting the income on your taxes
➡️Tax-Free Income: Imagine charging $3,000 per night for 14 nights—that's $42,000 tax-free!
➡️Multiply the Perks: If you have multiple residences, apply the Augusta Rule to each one
➡️Business Advantage: If you're a business owner, your company can rent your home for corporate purposes during those 14 days, with tax write-offs
Don't leave money on the table - take advantage of this strategy in 2023 🏡💰
What Is a Bulletproof Trust?
1️⃣ Start with a trust in a jurisdiction like the Bahamas, where you can manage assets normally, but with offshore benefits.
2️⃣ When legal challenges arise, activate a trigger provision, shifting assets to a Nevis LLC.
3️⃣ This Nevis LLC is, in turn, owned by a Cook Islands Trust, renowned for some of the strongest asset protection laws in the world
For more information DM "Bulletproof" or click link in bio
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