Author: Dare

Chairman / CEO of REINVENTION companies since 2012.
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DIVISION OF POOR VS WEALTHY

Presented by Redare Journals, is this exploration of societies seen in the world; a division of the growing Billionaires and the growing Poor; an obvious shrinking middle-class. The outspoken viewpoints are to determine solutions as what philanthropists should do to solve these issues. Send us comments on how you wish to get involved!

Look into Effective Altruism (link)


Forecast: Things are about to change in our Economy for the better starting April 2024!

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Organizational Development

ORGANIC APPROACH FOR RETURNING TO THE OFFICE PRESENTATION Originally from 2020 during COVID-19 in West Hollywood, CA Work provided by Reinvention Studio Inc. and its strategic design team of Darren and Ben.

See full presentation at Link:
https://issuu.com/reinvention1/docs/rs_-advanced_nutrients_g320_office-_returndesign

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How to Create a Family Office

We are launching $30M+ Funds and Family Offices. Here is how to set one up the best (that fits us):
DISCLAIMER: This is NOT financial or legal advice. All fund projects or Family Offices are subject to multiple variables and risks that make it impossible to predict success. Since we cannot predict success or provide you with information on what an average customer experience is by creating a fund, you should assume you will not have the same type of success or any success at all. We encourage you to seek out advice from other qualified professionals for advice on setting up your particular fund.

Continue reading “How to Create a Family Office”
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ESCAPE TRAVEL

Do you dream of escaping?

BLACK – 14 DAY TRIP WITH FULL CONCIERGE

SILVER – 7 DAY TRIP WITH FULL CONCIERGE WITH CAR, PLANE AND YACHT.

WHITE – 4 DAY TRIP ELEGANT ESCAPE WITH PRIVATE JET AND YACHT

RED – 2 DAY TRIP ENERGETIC ESCAPE TO BEST LOCATIONS WITH PRIVATE JET AND HOTEL

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REINVENTION

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Generational Wealth Transfer Coming

Older generations are expected to hand down a huge amount of wealth to their millennial children in the form of property, stock portfolios, cash, and businesses.

Continue reading “Generational Wealth Transfer Coming”
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Airplane / Jet Ownership

Private Travel
  • Did you know about TAX WRITE-OFF on Airplanes and Depreciating Assets? Its also related to New and Used Assets are tax deductible. As for private jets, the tax code allows for deduction of the full cost of a private aircraft, new or used, if used predominantly for business. However, the deduction provided for in the Tax Cuts and Jobs Act of 2017 is subject to complicated rules and penalties. 
  • Section 179 Deduction Calculation Example: You purchase a new heavy SUV with a GVWR of 6,500 lbs. for $60,000, and it is used 60% for business purposes. The business-use portion of the vehicle cost is $36,000 (60% of $60,000). So you can claim the full $30,500 maximum allowed for SUVs as a Section 179 deduction. (note – this assumes all other criteria are met and you stay within Section 179’s total equipment spending limits).
  • ACQUISITIONS – UNDERSTAND TECHNICAL ACCEPTANCE as it could hurt you as buyer if not aware of its consequences. (LINK)

“The cost of purchasing a private plane can be deducted by a business that owns the plane, said Howard Gleckman, a senior fellow at the Urban-Brookings Tax Policy Center at the Urban Institute. If the plane is used only for business purposes, it can be expensed or written off in the year that it is acquired, Gleckman said. If the plane is used for both business and personal uses, it generally can be written off over a period of years. If it has only personal uses, there is no write-off, experts said.” Link

Learn more in image link
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MENTOR

Be alert and aware that every moment we can do random kindness. Be a Lightworker and be ready to help others. Pulled from everyday stories is this article.

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KYC / CIS / AML

Regulatory landscapes around financial transactions have a lot of abbreviations and acronyms, but perhaps none more important than:

  • KYC — Know Your Customer / Client ;
  • KYC Template (CORP or INDIVIDUAL)
  • AML — Anti-Money Laundering (see example)
  • CIS — Client Information Sheet (CIS)
  • LOI – Letter of Intent
    LOR – Letter of Request (See example)
AML-KYC-Template-Blank-Download
LETTER-OF-REQUEST-TEMPLATE-Revised-15-April-2024-dsDownload
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FREQUENTLY ASKED QUESTIONS (IN DESIGN):

Frequently asked questions are usually if we drive a Ferrari or live in an awesome home designed by us. However, these are great for even me to consider, we love what we do and with that brings success in many ways! Let’s start to answer…

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