Originally Posted by
Trip7
Eh, if a pilot has enough business income to be exploring significant tax breaks, money and time would be better allocated hiring a professional tax strategist. Preferably before the end of the tax year.
A quick browse of reviews on Nomad capitalist shows this is more snake oil salesman then a professional, fiduciary service.
A fool and their money are soon parted... DYODD
Sent from my SM-N986U using Tapatalk
I think the point you’re missing from not reading the book is that he advocates expatting or at least setting your business up offshore (again....legally).
The gist is why move from a high tax state like California to say, Tennessee when you can realize much more significant tax savings by moving abroad. Or in the case of certain types of business owners, legally locating their business offshore for some pretty drastic tax savings.