Rebirth 79: I opened a bank in the United States

Chapter 682 The Correct Way to Open the Artwork
"That's right, I've thought about it. In my situation, a single office would be more suitable for me. Because I don't really need a direct wealth management team, I need a staff team more."

As soon as he hopped onto the desk, Carter sat at the desk, dangling his legs.Shaking and saying:
"I plan to separate the investment in the Black Flag Bank from my personal investment. I will handle all the investment activities in the Family Office, and I have said it bluntly, my investment must be long-term investment. Minimum holdings The kind that started in 20 years.”

"I don't want to waste my time and energy on repeated miscellaneous investment behaviors. I believe in my vision of the future, um, the vision of the long-term future! In this regard, I don't really need a so-called senior financial advisor. Such a person, pointing fingers in front of me. As long as he is a qualified trader, that is enough."

"No, no, you're making asset management simple, kid!"

A slap on Carter's swaying thigh, Julian shook his head a little funny:
"No one is ever infallible, like you"

"But I am confident that my investment will not be wrong in at least 30 or even 40 years!"

Julian's smile froze on his face.
"Hey, old man, what's that look on your face. Really, you trust me! I'm very confident in this aspect, you know, I have always been confident in the future."

Seeing that Julian was choked by himself, Carter jumped off the table and moved to the other side to comfort him:
"I know you are thinking about me, but this is just my personal use of disposable wealth. Isn't it? Separating this part of wealth from the black flag bank is my preparation. Even if one day, I miscalculate, The black flag side will not be affected, I am still rich."

"I feel that the family office I need should be a simplified organization. It is different from other family offices. For example, I don't have a family account. It should be said that I don't have a girlfriend, so I basically don't need to think about it." Family relations, children’s education, and other messy things. And my current family members do not hold any shares in any business under my name. In terms of family investor relations, they are extremely single. Similarly, in family management On the other hand, my needs are close to none."

"In addition, I feel my own life. It's not that I don't pursue pleasure, but at this stage, I don't have much time to travel around the world, or to pursue limited-edition luxury launches. In terms of personal services , I don’t really need it either, it’s not like I can’t do it myself if I have hands and feet, right?”

"Security service, I have my own team, and I don't need some outside family office to arrange it for me. I build one myself, just connect them in, so, see?"

"OKOK, I see. I seem to understand. You just want a group of people to help you deal with some messy affairs, just like the cabinet staff? Right?"

Looking at the preoccupied Carter, Julian had no idea.

For things and services that you don't need, cleanly remove them with a strong purpose, which is the quality that a businessman should possess.

only in Julian's opinion
"Since you are going to do homework, it's not good to lose too much of some things. I won't say anything about you in other places, but in terms of personal services, you do need one person, or a few people"

"Oh?"

"As you said, you don't have time to chase after luxury conferences. But you also know that we are in the utilitarian world, and we will inevitably need these. In addition, you don't need to care about luxury goods, but art, collections You must pay attention!"

"Well, it's for the so-called background?"

Carter frowned slightly and asked thoughtfully.

The so-called nobility is not cultivated in one generation, and Carter admits that his family has no background at all.When you get home, don’t talk about Michelangelo’s sculptures or Van Gogh’s paintings. All the decorative paintings hanging on the walls are factory products from bad streets.
I usually don't care about this, and I have to say that Carter really can't appreciate some famous paintings.For example, Picasso.
But didn’t Julian just say that, in Vanity Fair, some things are often not for oneself to see.
Then
"Oh, that's not true. It's purely for legal tax avoidance"

Touching his hooked nose, Julian wondered why Carter thought so.
I was born as an old farmer in South Carolina, and I went to teach emmm, an old farmer in Georgia, the cultivation background of the grandson of an old farmer in Dixie?Who is crazy? !
"Capital gains tax is the same as stocks in the field of collectibles and artworks. As long as there is an increase, there will be taxes and fees, but as long as you don't sell or cash out, then this tax will not be collected."

"I know that, so you mean, mortgage?"

"No, what a mortgage. Donate!"

Julian shook his head helplessly, and complained angrily:
"Donation to charitable foundations and other properties can offset taxes, don't you remember? Moreover, donations are also exempt from capital gains tax! Otherwise, you really think that so many rich people are keen to participate in some art auctions Yes, for what? I don’t deny that there are indeed art lovers among them, but ninety-nine percent of them should be no different from you and me.”

"After seeing those works, I can only complain: What kind of shit?! My grandson can draw better than this!"

"Suppose you bought a painting for 100 million US dollars, put it in your hands for eight years, and now the painting has risen to 800 million US dollars. Note that this is the market value. Now, if you want to sell this painting If you lose the handling fee and capital gains tax, you can have 500 million yuan in your hands, which is already very good.”

"However, if you donate it. Before you donate, you have to make a value appraisal first, right? You have to find a 'professional' appraisal and certification agency to appraise the value of this painting, right?"

"The market value is 800 million. What about the cultural value? What about the historical value? As long as it is not too exaggerated, issue an appraisal report of, for example, 850 million or 900 million. If you donate this painting, it is equivalent to donating 900 million. No fees! No capital gains tax!"

"On your tax liability for the year, offset"

"It's like I spent 100 million. In fact, it's like buying a future. I don't know how many tens of thousands. A tax deduction certificate?!"

Carter got it, Carter got it.
From this perspective, I really need a group of people to help me pay attention to these so-called luxury goods and the art market.This is so easy, isn't it? !

You know, how much effort will it take to deduct millions of taxes from the perspective of cost management, tax base management, and tax rate hedging? !

And these things.
Just donate and you're done? !
If this charitable foundation is still its own.
Mom! !

I seem to be stuck in a BUG?
(End of this chapter)