Help For Tax optimization [ France ]

[wonderfulboy]

You could also buy such a castle at a low price and host parties and‌ other events for high society individuals or create extravagant vacation experiences for an exclusive segment‍ of wealthy people.

You could offer luxury stays or sell high end goods from such⁠ a castle.

There are many opportunities to combine the prestige of a beautiful, well maintained⁤ castle with business, thereby generating significant income.

 

[JackAlabama]

sadly after the⁣ run in with the various french gov agencies concerned for this venture, the significant income⁢ will be vastly less significant.

 

[daniels27]

Very difficult to get the‍ high maintenance costs back.

 

[wonderfulboy]

I'm not‍ aware if anyone has tried that concept yet.

However, if you can offer something so⁠ extravagant that it becomes "the s**t of the year" and charge, for example, 25K euros⁤ for a single night’s stay, 100K euros for an event, or sell prestige and luxury⁣ items worth millions, then I honestly don’t see the problem.

As an investment that just⁢ sits there doing nothing, yes, that’s a no go and money out the window.

 

[daniels27]

Options are plentiful
https://www.lecollectionist.com/fr/location-villas-luxe/france/chateau-pour-un-evenement
https://www.1001salles.com/1-chateau-salle-de-mariage-2-france-p.html
https://www.schloss-freudenfels.ch/en/event/
https://www.clunycastle.com/events.html
https://belleekcastle.com/venue-hire/luxury-rentals/
https://www.votre-chateau-de-famille.com/chateau/

Hard to compete and become the nullshit of the year if you ask me. Also,⁣ note that many riches already own their own castle and burn money there. It is⁢ often also a place to display anitques to a closed public.

 

[JustAnotherNomad]

Ah, if you just make a couple million,⁤ then you think the investment could pay off. Why did I not think of this⁣ myself?

It's a very clear four-step plan:

1. Buy cheap castle
2. Pay $$$ for⁢ renovations/upkeep
3. ????
4. Cash out millions and buy new Lambo

 

[daniels27]

I am in. Let's but one⁤ all together. With Mentor Group Platinum, you have access to the lobby and the diner⁣ over lunchtime. Looking forward to seeing all that pimps from OF in da house castle.