Because There Can Be More To The Good Life, A Higher Level, A More Abundant Life -
From Mere Wealth To Prosperity
Wealth preserving economic insights make living the best of the good life prudent wealth management
YES RENOWNED RIDES
DRIVE THE MOST CAR FOR THE LOWEST COST?
How About FOR FREE?
For owners of luxury, exotic, & collectible cars, the rules of the road have changed. Why don't you stop being a loser? Stop losing money needlessly on luxury automobiles. Don't let tax reform slow you down or wreck your financial plans. Become a winner by using tax reform to work for you. Let us show you the best kept car secrets of the super wealthy.
The YES Renoun Rides program is unique among professional advisors in that YES will pay for our client's luxury, exotic, or collectible car out of our compensation from the client's tax savings. Obviously, the greater the tax savings, the more new cash from tax savings is available.
Whether you are looking for-
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your dream car,
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exotic entertainment,
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a "deal" on a daily driver,
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or to cash out on a collection of classics,
It's easy to get started.
Simply contact your participating auto professional.
We start with a Non-Disclosure Confidentiality Agreement and a confidential tax review to see what tax savings may be currently overlooked. We offer a new set of eyes with a different and distinct discipline expertise that provides an unbiased perspective and second opinion before it may be too late.
This is generally low-hanging fruit, as most pay substantially more taxes than necessary.
Valued at $5,000, this confidential tax review is provided at no charge to the prospective client/car owner.
YES provides participating auto professionals with a certificate of services valued at $5,000. That certificate provides the Bearer with one confidential tax review of up to four (4) hours at our normal hourly rate.
After we determine the available tax savings, if the prospective client/car owner agrees, we execute the necessary engagement documents and secure the desired asset.
In short, YES is usually able to identify enough overpayment of taxes through often overlooked tax provisions in sufficient quantities to produce more than enough tax savings to pay for luxury automobile investments.
And no, we are not talking about some type of "asset depreciation" scheme. In fact, the tax savings have nothing at all to do with the automobiles themselves.
There are usually enough tax savings from other overlooked tax code provisions that generate enough savings to pay for the vehicles and other more rewarding endeavors and investments.
So now, exactly what's preventing you from driving your dream?
The smart money knows how to drive the best cars, not lose money, and maybe even make some.
Luxury automobiles, like yachts and other alternative assets, properly structured, can now be a "winning tax strategy" and a very profitable passion.
Applying these auto strategies can be an essential element of prudent wealth management to keep your financial future on the right track.
The same strategies that make yacht ownership Net Worth Neutral - even profitable, can change the economics of the luxury lifestyle. The Net Worth Neutral strategies can be applied to almost any alternative asset - yachts, horses, real estate, and YES luxury automobiles.
YES Enhanced Services - Autos is the answer.
We don't broker or sell cars. We just make them more affordable and valuable.
While we don't sell cars, we do know some of the industry leaders. So if you can't find what you are looking for through your own efforts, we may know someone who can help.
As economic professionals, our role is as an information resource of proprietary structures and strategies for buyers and sellers to procure the best price, to quickly get to "YES", and a closed sale.
With the proper structuring, tailored to the specifics of each transaction and the individual parties, we can largely make pricing almost a non-issue for many.
In addition to the Renowned Rides program, YES offers other strategies & benefits.
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These alternatives can effectively reduce net after-tax automobile expenses 30 - 50%.
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Many will do better than that and "break even" with little, if any, net after-tax auto expense.
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Some may actually even earn a profit for driving their dream and investing in luxury automobiles.
The yachting lifestyle encompasses much more than just yachts. YES Enhanced Services considers luxury automobile ownership as part of our inclusive client services. However now YES offers the luxury auto services as a stand alone service for non yachting clients.
Thus before starting the process of buying any luxury asset, a yacht or luxury auto, we suggest every prospective purchaser consider the following.
If you could be certain:
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You could own almost any vehicle with little if any expenditure – so your purchase could be 100% financed,
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Your purchase could be 100% tax deductible to reduce taxes against your other income,
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It would provide positive annual cash flow, sufficient to more than cover all annual expenses,
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Your purchase and luxury lifestyle would have NO negative impact to your long term net worth,
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Long term you could actually earn net profits,
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You could secure an option today that assures a profitable exit strategy, and
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The ability to responsibly give something back to society and contribute to the greater good of humanity.
Then, under those conditions, what if anything would prevent you from pursuing your passion?
One final question. Under those same terms and conditions – again if you could be satisfactorily certain of those terms – then how might you change your automotive investment?
We generally applauded the Tax Cuts and Jobs Act in Trump's first administration. However, we recognized it was disruptive to many. Many of the old ways of doing things simply don't work as well - if at all.
There certainly were some winners and some losers- just as there will be under the One Big Beautiful Bill Act. Some will navigate these changes better than others.
Both the TCJA and OBBBA left most of our strategies unscathed and even provided additional opportunities. Accordingly, we have some special programs for those high-income earners whose primary compensation is ordinary income - and especially those in high-tax states. These programs should be particularly attractive to various professionals: athletes, attorneys, advisors, entertainers, physicians, corporate executives, and business owners, etc., who may have lost many of their previous tax deductions.
Prior to TCJA, investors in collectible cars had long enjoyed the tax benefits of section 1031 exchanges to defer any tax liabilities.
Now, with 1031 exchanges limited only to real estate, many owners of collectible cars face difficult choices. They may have substantial equity and profits locked up in their auto investments and face a significant tax liability if they elect to sell. Or some schemes to defer their taxes by deferring access to their profit.
Fortunately, TCJA and OBBBA, and the 1031 limitations are little more than inconvenient detours, minor course corrections.
Usien, CC BY-SA 3.0, via Wikimedia Commons
We know of other structures and strategies to get your financial plan and auto investments back on track and in the winner's circle.
Capital gains is capital gains. Our ability to reduce and or eliminate tax rates to less than 1% includes and applies to capital gains regardless of the underlying asset. Practically speaking, we largely make 1031 exchanges, DST, etc less than optimal if not irrelevant.
There are 3 ways to be certain you have the best deal.
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Contact YES to learn how Yacht Enhanced Services can put you in your dream car at dream prices.
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Work with a YES-affiliated auto dealer to locate the car you want and then contact YES
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Conduct your own search for your dream car before contacting YES or a dealer.
We believe the sooner you start working with YES Yacht Executive Solutions and an affiliated auto dealer, the more rewarding and less taxing your auto experience.
That if your current advisors knew, surely they'd have told you already- wouldn't they?