WEBVTT Kind: captions Language: en the ultra wealthy don't just buy private the ultra wealthy don't just buy private the ultra wealthy don't just buy private jets so they can avoid TSA and sip jets so they can avoid TSA and sip jets so they can avoid TSA and sip champagne and nice leather seats they champagne and nice leather seats they champagne and nice leather seats they buy them because these flying fortresses buy them because these flying fortresses buy them because these flying fortresses are one of the most powerful tax tools are one of the most powerful tax tools are one of the most powerful tax tools available through strategic depreciation available through strategic depreciation available through strategic depreciation and business use deductions a single and business use deductions a single and business use deductions a single private jet can Shield millions in private jet can Shield millions in private jet can Shield millions in taxable income year after year think taxable income year after year think taxable income year after year think about it you get to write off most or about it you get to write off most or about it you get to write off most or all of the purchase price through bonus all of the purchase price through bonus all of the purchase price through bonus depreciation deduct all of your depreciation deduct all of your depreciation deduct all of your operating expenses and even generate operating expenses and even generate operating expenses and even generate Charter Revenue when not using them it's Charter Revenue when not using them it's Charter Revenue when not using them it's a master class in tax optimization a master class in tax optimization a master class in tax optimization that's been working for the ultra that's been working for the ultra that's been working for the ultra wealthy for decades here's how the wealthy for decades here's how the wealthy for decades here's how the private jet tax strategy works you private jet tax strategy works you private jet tax strategy works you purchase a new jet for $2 to $40 million purchase a new jet for $2 to $40 million purchase a new jet for $2 to $40 million take 60 to 100% bonus depreciation in take 60 to 100% bonus depreciation in take 60 to 100% bonus depreciation in year 1 deduct millions of dollars in year 1 deduct millions of dollars in year 1 deduct millions of dollars in maintenance crew and operating costs and maintenance crew and operating costs and maintenance crew and operating costs and then generate some Charter Revenue just then generate some Charter Revenue just then generate some Charter Revenue just so you can offset your expenses you then so you can offset your expenses you then so you can offset your expenses you then sell the jet before heavy maintenance sell the jet before heavy maintenance sell the jet before heavy maintenance kicks in or when you near the end of kicks in or when you near the end of kicks in or when you near the end of your depreciation lifespan and then your depreciation lifespan and then your depreciation lifespan and then rinse and repeat with the newer model rinse and repeat with the newer model rinse and repeat with the newer model it's brilliant you get luxury travel it's brilliant you get luxury travel it's brilliant you get luxury travel massive tax writeoffs and potential massive tax writeoffs and potential massive tax writeoffs and potential Revenue but there's just one problem Revenue but there's just one problem Revenue but there's just one problem this strategy is becoming increasingly this strategy is becoming increasingly this strategy is becoming increasingly expensive and complex maintenance cost expensive and complex maintenance cost expensive and complex maintenance cost or skyrocketing regulatory scrutiny is or skyrocketing regulatory scrutiny is or skyrocketing regulatory scrutiny is intensifying and the depreciation intensifying and the depreciation intensifying and the depreciation benefits eventually run dry it's really benefits eventually run dry it's really benefits eventually run dry it's really the highest quality treadmill that you the highest quality treadmill that you the highest quality treadmill that you can never get off of this is where can never get off of this is where can never get off of this is where Bitcoin mining enters the picture it Bitcoin mining enters the picture it Bitcoin mining enters the picture it offers all the tax benefits of private offers all the tax benefits of private offers all the tax benefits of private jet ownership but with significantly jet ownership but with significantly jet ownership but with significantly greater upside potential and none of the greater upside potential and none of the greater upside potential and none of the maintenance headaches you see just like maintenance headaches you see just like maintenance headaches you see just like private jets Bitcoin mining equipment private jets Bitcoin mining equipment private jets Bitcoin mining equipment qualifies for Hefty bonus depreciation qualifies for Hefty bonus depreciation qualifies for Hefty bonus depreciation but unlike your jet these machines will but unlike your jet these machines will but unlike your jet these machines will generate daily revenue that pays you in generate daily revenue that pays you in generate daily revenue that pays you in Bitcoin they will appreciate and value Bitcoin they will appreciate and value Bitcoin they will appreciate and value as Bitcoin prices rise they require as Bitcoin prices rise they require as Bitcoin prices rise they require minimal to no maintenance while they're minimal to no maintenance while they're minimal to no maintenance while they're operating and they can be upgraded operating and they can be upgraded operating and they can be upgraded without massive Capital outlays they without massive Capital outlays they without massive Capital outlays they also create Perpetual tax advantages also create Perpetual tax advantages also create Perpetual tax advantages through ongoing operations and through ongoing operations and through ongoing operations and strategically timing your expenses think strategically timing your expenses think strategically timing your expenses think about it while your private jet is about it while your private jet is about it while your private jet is sitting in a hanger burning cash Bitcoin sitting in a hanger burning cash Bitcoin sitting in a hanger burning cash Bitcoin mining rigs are working 24/7 to generate mining rigs are working 24/7 to generate mining rigs are working 24/7 to generate wealth for you and instead of paying wealth for you and instead of paying wealth for you and instead of paying Pilots fuel costs and maintenance fees Pilots fuel costs and maintenance fees Pilots fuel costs and maintenance fees you're creating a digital asset that's you're creating a digital asset that's you're creating a digital asset that's been appreciating faster than any other been appreciating faster than any other been appreciating faster than any other asset in the world for over 15 years the asset in the world for over 15 years the asset in the world for over 15 years the numbers don't lie so let's compare if numbers don't lie so let's compare if numbers don't lie so let's compare if you have a private jet you're paying 20 you have a private jet you're paying 20 you have a private jet you're paying 20 million UPF front it can cost you up to million UPF front it can cost you up to million UPF front it can cost you up to 2 million in annual operating costs and 2 million in annual operating costs and 2 million in annual operating costs and it's a depreciating asset with Bitcoin it's a depreciating asset with Bitcoin it's a depreciating asset with Bitcoin mining you may spend 20 million on mining you may spend 20 million on mining you may spend 20 million on mining equipment those operating costs mining equipment those operating costs mining equipment those operating costs can be paid directly out of what they can be paid directly out of what they can be paid directly out of what they produce and they're paying out and produce and they're paying out and produce and they're paying out and appreciating Bitcoin rewards both of appreciating Bitcoin rewards both of appreciating Bitcoin rewards both of them give you the same immediate tax them give you the same immediate tax them give you the same immediate tax write off but one of them bleeds money write off but one of them bleeds money write off but one of them bleeds money while the other one's making you money while the other one's making you money while the other one's making you money one is going to require constant one is going to require constant one is going to require constant reinvestment while the other one reinvestment while the other one reinvestment while the other one compounds your wealth and is highly compounds your wealth and is highly compounds your wealth and is highly flexible and able to be scaled up or flexible and able to be scaled up or flexible and able to be scaled up or down as needed one of these things is a down as needed one of these things is a down as needed one of these things is a liability masquerading as an asset while liability masquerading as an asset while liability masquerading as an asset while the other is an asset that keeps on the other is an asset that keeps on the other is an asset that keeps on giving now you might be thinking if giving now you might be thinking if giving now you might be thinking if Bitcoin mining is such a superior tax Bitcoin mining is such a superior tax Bitcoin mining is such a superior tax strategy why isn't everyone doing it why strategy why isn't everyone doing it why strategy why isn't everyone doing it why don't all my friends with jets also have don't all my friends with jets also have don't all my friends with jets also have Bitcoin Miners and the truth is setting Bitcoin Miners and the truth is setting Bitcoin Miners and the truth is setting up a profitable mining operation is up a profitable mining operation is up a profitable mining operation is pretty complex first finding a secure pretty complex first finding a secure pretty complex first finding a secure location isn't just about finding space location isn't just about finding space location isn't just about finding space you need security good ventilation and you need security good ventilation and you need security good ventilation and cooling precise climate control you have cooling precise climate control you have cooling precise climate control you have to to secure reliable electricity at to to secure reliable electricity at to to secure reliable electricity at competitive rates which is challenging competitive rates which is challenging competitive rates which is challenging and most utility companies aren't and most utility companies aren't and most utility companies aren't equipped to handle the massive power equipped to handle the massive power equipped to handle the massive power requirements that mining needs then requirements that mining needs then requirements that mining needs then sourcing legitimate mining equipment can sourcing legitimate mining equipment can sourcing legitimate mining equipment can be a Minefield literally of scams and be a Minefield literally of scams and be a Minefield literally of scams and counterfeit Hardware then you have counterfeit Hardware then you have counterfeit Hardware then you have managing ongoing maintenance which managing ongoing maintenance which managing ongoing maintenance which requires specialized technicians and requires specialized technicians and requires specialized technicians and some kind of 24/7 monitoring setup and some kind of 24/7 monitoring setup and some kind of 24/7 monitoring setup and then you have to keep up with network then you have to keep up with network then you have to keep up with network changes and optimizations and when you changes and optimizations and when you changes and optimizations and when you have a large Fleet that can be a have a large Fleet that can be a have a large Fleet that can be a full-time job and that's just scratch full-time job and that's just scratch full-time job and that's just scratch the surface so if you want to get into the surface so if you want to get into the surface so if you want to get into this in size you need to have a trusted this in size you need to have a trusted this in size you need to have a trusted reliable partner in this space just like reliable partner in this space just like reliable partner in this space just like you wouldn't hire an amateur pilot who you wouldn't hire an amateur pilot who you wouldn't hire an amateur pilot who just learned to fly a prop plane you just learned to fly a prop plane you just learned to fly a prop plane you want to have a skilled partner in the want to have a skilled partner in the want to have a skilled partner in the space and this is where abundant Minds space and this is where abundant Minds space and this is where abundant Minds comes in we've solved all of these comes in we've solved all of these comes in we've solved all of these challenges to create the ultimate tax challenges to create the ultimate tax challenges to create the ultimate tax advantage vehicle for the ultra wealthy advantage vehicle for the ultra wealthy advantage vehicle for the ultra wealthy our institutional grade Bitcoin mining our institutional grade Bitcoin mining our institutional grade Bitcoin mining facilities let you purchase facilities let you purchase facilities let you purchase state-of-the-art mining equipment from a state-of-the-art mining equipment from a state-of-the-art mining equipment from a verified manufacturer access our secure verified manufacturer access our secure verified manufacturer access our secure purpose-built facilities Ben benefit purpose-built facilities Ben benefit purpose-built facilities Ben benefit from our industrial electricity from our industrial electricity from our industrial electricity contracts and leverage our team of contracts and leverage our team of contracts and leverage our team of expert technicians who can manage all of expert technicians who can manage all of expert technicians who can manage all of this for you not only that you get to this for you not only that you get to this for you not only that you get to claim all of the available tax benefits claim all of the available tax benefits claim all of the available tax benefits yourself generate daily Bitcoin rewards yourself generate daily Bitcoin rewards yourself generate daily Bitcoin rewards scale your operation as needed and we'll scale your operation as needed and we'll scale your operation as needed and we'll handle everything from setup to handle everything from setup to handle everything from setup to maintenance to optimization you get all maintenance to optimization you get all maintenance to optimization you get all the tax benefits of asset ownership the tax benefits of asset ownership the tax benefits of asset ownership without any of the operational without any of the operational without any of the operational complexity that makes Bitcoin mining so complexity that makes Bitcoin mining so complexity that makes Bitcoin mining so challenging for most beginning investors challenging for most beginning investors challenging for most beginning investors the only thing that these miners won't the only thing that these miners won't the only thing that these miners won't do is fly you around so I guess you'll do is fly you around so I guess you'll do is fly you around so I guess you'll still need at least one of your jets and still need at least one of your jets and still need at least one of your jets and if you don't have a private jet yet if you don't have a private jet yet if you don't have a private jet yet after a few years of working with us you after a few years of working with us you after a few years of working with us you just might with the right Tailwinds the just might with the right Tailwinds the just might with the right Tailwinds the wealthy Elite are already pivoting from wealthy Elite are already pivoting from wealthy Elite are already pivoting from private jets to Bitcoin mining Gary private jets to Bitcoin mining Gary private jets to Bitcoin mining Gary Cardone has already made fun of his Cardone has already made fun of his Cardone has already made fun of his brother grant for buying a private jet brother grant for buying a private jet brother grant for buying a private jet years ago when he could have bought years ago when he could have bought years ago when he could have bought 4,000 Bitcoin that $40 million jet has 4,000 Bitcoin that $40 million jet has 4,000 Bitcoin that $40 million jet has now cost Grant 400 million in now cost Grant 400 million in now cost Grant 400 million in opportunity cost he probably should have opportunity cost he probably should have opportunity cost he probably should have gotten the Bitcoin and he could still gotten the Bitcoin and he could still gotten the Bitcoin and he could still have two Jets and a lot of Bitcoin left have two Jets and a lot of Bitcoin left have two Jets and a lot of Bitcoin left over the tax benefits are superior the over the tax benefits are superior the over the tax benefits are superior the wealth generation is automatic don't let wealth generation is automatic don't let wealth generation is automatic don't let your private jet tax strategy become your private jet tax strategy become your private jet tax strategy become obsolete contact us at abundant mindes obsolete contact us at abundant mindes obsolete contact us at abundant mindes today to learn how you can transform today to learn how you can transform today to learn how you can transform your tax optimization strategy while your tax optimization strategy while your tax optimization strategy while building generational wealth through building generational wealth through building generational wealth through Bitcoin mining the future of wealth Bitcoin mining the future of wealth Bitcoin mining the future of wealth preservation isn't in the skies it's in preservation isn't in the skies it's in preservation isn't in the skies it's in the mines