American Fortune Life

Chapter 669: Knowing how to spend money is sometimes making money

As the new director of operations of the Rockets, in charge of the team's player transactions, Bob Myers can definitely be said to be a more powerful executive besides the general manager Morey.

In the office, Bob looked at a list in his hand, and couldn't help frowning slightly. After seeing the names of Chauncey Billups and Ben Wallace in the list, he knew he was in trouble.

However, he understands that no matter how troublesome it is, he still needs to find a way to bring people to Houston, because this is his value embodiment. His first shot was fired when he dug old Nelson from the Warriors to the Rockets. He also played very well, and the next deal is also very important, which is related to whether he can get the general manager position he coveted in the future.

Fortunately, he also has his own advantages, that is, he has a very good relationship with most of the agents in the league. After joining Andy Smith's team, he has more frequent contacts with the agents. For example, Chauncey, with an annual salary of 5 million, thinks that the agent has the most opinion. Such an excellent point guard is so cheap, and the commission that the agent can get is even less pitiful. , I believe that Chauncey's agent will help him do the work.

Thinking of this, a smile appeared on the corner of Bob's mouth, he took out a black leather notebook from the drawer, began to search, then picked up the phone on the table, and dialed the number.

"Hi, George, I, Bob Myers, yes, this is my office number, ok, ok, you're coming to Houston to definitely treat you to dinner... I'm calling you just to talk to you The Chauncey thing..."

In the hillside villa on the farm, Andy was sitting on the sofa with a mobile phone, with a smile on his mouth, listening to the compliments on the phone, and casually put the TV remote control in his hand aside.

"Andy, you did a good job acquiring the Houston Rockets. Some old friends have called me to congratulate me these days, hehe."

Andy listened to the happy laughter of his grandfather Old Smith on the phone, and he shook his head and laughed. Like his grandfather, he regarded the team as a new show-off, especially the old Texas. Of course, Andy also knew about the The expansion of the Smith family's influence in Texas is very intentional.

"Grandpa, I didn't buy the team for the sake of talking and showing off at the party. The Rockets did consider the influence of the family in Texas. However, the more important thing is to increase the value of investment and enjoy huge tax incentives. "Andy said with a smile.

"You kid, you are really shrewd enough to kill multiple birds with one stroke. No wonder you buy teams everywhere. The New York Red Bulls football team, New York Giants, Houston Rockets, is there even a baseball team? If you calculate it this way, you At least 700 to 800 million U.S. dollars will be spent within this year!" Old Smith's exclamation came from the phone, and he was getting more and more surprised by his grandson.

In the American Jobs Creation Act passed by Congress in 2004,

Expressly stipulates that the purchaser of a professional sports team can deduct most of the purchase price from the taxable income of the team within 15 years. Professional sports teams typically use LLCs or "pass-through" entities whose profits or losses can be recorded directly on the owner's personal tax return and can be deducted from other sources of income.

This is also the reason why Andy bought the football and baseball teams that he didn't care about at all. Nima, even if he tried his best to use various channels for his income of 10 billion yuan, he still had to pay a lot of taxes. Well, the United States is a country that collects taxes all over the world. Regardless of the money you earn in that corner, as long as you are an American, you will pay taxes.

This kind of good regulation that the acquisition of teams can deduct taxes, when he saw it in the tax avoidance plan proposed by the think tank, Andy set up a sports investment company directly to acquire various teams without saying a word. Paying taxes to the US government is even more enjoyable!

Before Andy became a rich man, he had a very one-sided understanding of the saying that the United States is a paradise for the rich. It is very heavy, but for the rich, they have plenty of ways to avoid taxes reasonably, even paying less than the middle class.

The funds he left outside will definitely not be transferred back in the near future. He needs to pay a 35% tax on repatriation of overseas profits, which is no different from robbery. He will wait until the subprime mortgage crisis breaks out. In order to fight the fire, the United States will definitely boost the domestic manufacturing industry, revive exports, and reduce the repatriation tax ratio. After all, the cost of attracting capital repatriation is low and it can boost the dollar in a timely manner.

At that time, most of the funds will be withdrawn, and the money for the acquisition of the team can be used to offset this part of the tax. With a combination of various tax avoidance methods, Nima, the tax deduction enjoyed by the acquisition of the team can play for 15 years, which is not too much. Cool!

Really, it’s hard not to get rich!

The old Smith who hung up the phone also shook his head and smiled wryly. The Smith family really produced a business genius, who can play with money and make money.

Accompanying grandpa and grandma had a pleasant afternoon. After the evening, Andy bid farewell to the two elders the next day. He took three female assistants and bodyguards on a private plane and flew to Washington, which is located in the upper left corner of the map of the United States. Seattle, home of the state's Boeing factory.

He was invited by the Boeing Company to check the modification of his personal big toy. After all, after paying the money, he has not seen the real thing once, but sent a person from the think tank to watch it.

As for private jets, Andy also hopes to receive them earlier. After all, as he gets busier, he may go to another country or city at any time. Having his own jet is not only a matter of convenience, but more importantly What is still safe can be guaranteed.

Although it is also very convenient to rent a private jet now, the price of the lease is not cheap. For example, the Bombardier Challenger 850 he is currently flying costs about 10,000 US dollars per hour. The cost of taking off and landing is about 2200 yuan. The cost of parking overnight is 15% of the take-off and landing cost, the cleaning fee is about 120 yuan, and there are fuel costs, pick-up costs, etc. Basically, the cost of a flight is about 100,000 US dollars.

Of course, Andy also knows that his private jet will not cost less money, after all

The annual hosting and maintenance costs are 230,000 US dollars, some people may say that it is really not expensive! That is, after the flight hours have accumulated to a certain level, the aircraft needs to be maintained. This cost is expensive. The cost of aircraft maintenance is about 10% of the overall price. Therefore, a private jet is really a very A big toy that burns extravagant money.

It was already afternoon when Andy's private plane landed at Seattle's airport and taxied to the private tarmac.

Back in Seattle, the happiest people are Tori Black and Christina, who is also from Seattle.

Not far from the private apron, there was a middle-aged man in a suit and leather shoes, wearing glasses, standing at the root of several black SUVs. Seeing the cabins open, several familiar faces soon appeared.

"Boss, welcome to Seattle!

After Andy shook hands with the members of the think tank who stayed at Boeing and exchanged a few words of greeting, he leaned over and sat in the car without hesitation, and soon the team of people left the private apron.

"Boss, the people from Boeing invite you to visit the aircraft assembly plant tomorrow, and take a look at the decoration of your aircraft to see if you want to see what needs to be improved."

Hearing the report from his subordinates, Andy nodded slightly, indicating that he understood, and looked out at the scenery through the car window. Seattle, a romantic city known as the "Emerald City", is known as the "Green Gem" because of its rainy and greenery. The quaint original waterways in the city, the snow-capped Mount Rainier in the distance, the landmark ancient buildings and modern skyscrapers, the unique culture and charm constitute Seattle's unique urban charm.

The Four Seasons Hotel, located in the bustling city center, has long received a call from Andy Smith, a loyal VIP. The preparations for the presidential suite have long been ready. After all, the high-end concierge service of the Four Seasons Hotel is impeccable.

After checking in, Andy walked around the presidential suite and was very satisfied. Whether it was the hotel's open-air balcony or the well-lit bathroom, he could see the vast beauty of the Pacific Ocean's Puget Sound and Elliott Bay. The slowly flowing Qingbo, the white boats floating on the sea, and the green trees and jungles in the distance form a quiet picture scroll, and the poetic and picturesque feeling will linger for a long time.

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