Want to build wealth beyond your airline paycheck and 401(k)?

On the latest episode of Jet Setting Wealth Advisory, David speaks with Tait Duryea, Founder and CEO of Turbine Capital, for a practical conversation on passive income, alternative investments, tax efficiency, and building long-term wealth beyond aviation. As an airline captain, third-generation aviator, real estate investor, and co-host of the Passive Income Pilots podcast, Tait shares how pilots can think differently about income, diversification, and financial freedom. From real estate and private credit to oil and gas, depreciation, 401(k) limitations, and proactive tax planning, this episode highlights why high income alone does not guarantee financial independence.

Key Takeaways:

→ High income does not automatically create financial freedom

→ Alternative investments can help create a “now bucket” outside of retirement accounts

→ Pilots need education beyond 401(k) planning to make more informed financial decisions

→ Real estate, oil, and gas investments may offer tax advantages when structured properly

→ Building passive income can make flying a choice, not just a financial requirement

More from Tait Duryea and Turbine Capital:

Email: tait@turbinecap.com

Website: turbinecap.com

LinkedIn: linkedin.com/in/taitduryea

Facebook: facebook.com/TurbineCap

Instagram: instagram.com/turbinecapital

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Visit: DTY Wealth Planning Solutions

Are you building a business, or just building yourself a job?

On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Kep Kepner, founder and managing partner of KepnerCPA, for a practical conversation on business advisory, strategic tax planning, exit planning, and building a company that creates long-term value. Drawing on decades of experience in sales, consulting, technology, and public accounting, Kep explains why business owners need more than compliance work and traditional tax preparation. From using financial numbers to make better decisions to creating systems, developing scalable teams, planning for exit, and strengthening the brain as a business tool, this episode highlights how entrepreneurs can move beyond owner dependence and build stronger, more valuable businesses.

Key Takeaways:

→ Business owners need advisors who help them make better decisions, not just prepare tax returns

→ Scalable companies require systems, policies, and teams that reduce owner dependence

→ Financial numbers should guide business decisions, not just satisfy compliance

→ Exit planning is about value, purpose, and readiness, not just retirement

→ Brain performance, creativity, and decision-making are key tools for business growth

More from Kep Kepner and KepnerCPA:

Website: kepnercpa.com

LinkedIn: linkedin.com/company/kepnercpa

Facebook: facebook.com/KepnerCPA

Instagram: instagram.com/kepnercpa

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

Are you still managing taxes by looking backward?

On the lastest Jet Setting Wealth Advisory, David T. Yu welcomes back Edward Lyon, tax attorney, speaker, consultant, and Chief Tax Planner at Excel Empire, for another sharp and practical conversation on proactive tax planning. Ed explains why the tax code should be viewed less like a list of restrictions and more like a roadmap filled with “green lights” that Congress intentionally created for business owners and high-income earners. From legal tax avoidance and entity structuring to advisor coordination, plain-English planning, and the difference between reactive preparation and proactive strategy, this episode challenges listeners to stop waiting until year-end and start making smarter tax decisions throughout the year.

Key Takeaways:

→ The tax code contains incentives business owners often overlook

→ Tax planning is not about being aggressive; it is about being proactive

→ Many CPAs focus on tax preparation, not forward-looking tax mitigation

→ Plain-English planning helps business owners understand opportunities better than spreadsheets alone

→ Coordinated advisors can uncover strategies that siloed professionals often miss

More from Edward Lyon:

Website: ⁠excelempire.com⁠

Website: ⁠edwardalyon.com⁠

LinkedIn: ⁠linkedin.com/in/edward-lyon-7a9168⁠

Engage with David T. Yu:

Connect on⁠ LinkedIn⁠,⁠ Instagram⁠, &⁠ Facebook⁠

Sign up for our⁠ newsletter⁠ or⁠ book a call⁠

Visit:⁠ DTY Wealth Planning Solutions

Thinking about living, working, or doing business abroad?

On this episode, David continues his conversation with Vincenzo Villamena, Founder and CEO of Online Taxman, for Part 2 of their discussion on international tax planning for Americans abroad. Vincenzo explains what U.S. citizens, entrepreneurs, expats, and global investors should consider before moving overseas, doing business internationally, or even renouncing U.S. citizenship. From coordinating U.S. and local tax rules to understanding exit tax, covered expatriate status, foreign earned income exclusions, and choosing the right international tax advisor, this episode offers practical guidance for making informed decisions in an increasingly connected world.

Key Takeaways:

→ Cross-border tax planning should begin before moving or doing business abroad→ U.S. and local tax rules must be coordinated together→ Renouncing U.S. citizenship can trigger major tax and immigration consequences→ Exit tax may apply for covered expatriates with higher net worth→ International tax experience matters when choosing the right advisor

More from Vincenzo Villamena and Online Taxman:

Website: onlinetaxman.comLinkedIn: linkedin.com/in/vincenzo-villamenaFacebook: facebook.com/OnlineTaxmanInstagram: instagram.com/onlinetaxman

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Visit: DTY Wealth Planning Solutions

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Living, working, or investing abroad and unsure what the IRS still expects from you?

On this week's Jet Setting Wealth Advisory, David T. Yu speaks with Vincenzo Villamena, CPA, Founder and CEO of Online Taxman, for the first of a two-part conversation on U.S. tax planning for Americans abroad. Drawing on his experience as an expat and international tax advisor, Vincenzo explains why U.S. citizens and green card holders still have filing obligations regardless of where they live, along with the opportunities available to qualified taxpayers. From foreign earned income exclusions and state tax residency to foreign asset reporting and international business structures, this episode helps Americans abroad plan before they move, invest, or expand internationally.

Key Takeaways:

→ U.S. citizens and green card holders still have U.S. tax filing obligations while abroad
→ Qualified Americans living overseas may benefit from the foreign earned income exclusion
→ Leaving a high-tax state requires careful residency and domicile planning
→ Foreign bank accounts, entities, and financial assets may trigger additional reporting requirements
→ Retirees, digital nomads, and entrepreneurs should coordinate U.S. and local tax rules before making a move

More from Vincenzo Villamena and Online Taxman:

Website: onlinetaxman.com
LinkedIn: linkedin.com/in/vincenzo-villamena
Facebook: facebook.com/OnlineTaxman
Instagram: instagram.com/onlinetaxman

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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Want to make sure your family is prepared for the financial realities that come with aging?

On the latest Jet Setting Wealth Advisory, David T. Yu speaks with Trina McWilliams, Founder of Trusted Direction and Americas Controller at Accenture I&CP, LLC, for a meaningful conversation on financial support for older adults and the families who care for them. Inspired by her own family’s experience, Trina explains how client accounting services can help people stay organized, pay bills on time, manage cash flow, protect their accounts, and retain independence as financial responsibilities become more difficult. From planning for the transition into retirement to organizing critical documents and establishing a power of attorney, this episode offers practical guidance for creating stability before a crisis.

Key Takeaways:

→ Retirement planning should include a plan for managing finances later in life
→ Organizing essential documents helps families act during an emergency
→ A power of attorney can provide needed access when financial support is required
→ Client accounting services can range from advice and budgeting to bill payment and reporting
→ Trusted local support can reduce stress for older adults and long-distance family members

More from Trina McWilliams:

Website: trusteddirectionservices.com
LinkedIn: linkedin.com/in/trina-mcwilliams-73575a179
Facebook: facebook.com/accenture
Instagram: instagram.com/accenture

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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Want more flexibility when selling an investment property?

On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Dave Foster, founder of The 1031 Investor and a qualified intermediary for 1031 exchanges, for a practical conversation on tax-efficient real estate investing. Dave shares how 1031 exchanges, Section 121 primary residence planning, partial exchanges, and Delaware statutory trusts can help investors defer capital gains taxes and reposition their portfolios with greater flexibility. As the author of Lifetime Tax-Free Wealth: The Real Estate Investor’s Guide to the 1031 Exchange, Dave explains why thoughtful planning must begin before a property is listed and how the right strategy can help investors preserve more capital for future opportunities.

Key Takeaways:

→ Start planning before a property sale to meet 1031 deadlines
→ A qualified intermediary is required to complete a 1031 exchange
→ Section 121 and 1031 planning can work together in certain situations
→ Partial exchanges can create flexibility while deferring part of the gain
→ Replacement property must be investment real estate and meet reinvestment rules

More from Dave Foster and The 1031 Investor:

Website: the1031investor.com
LinkedIn: linkedin.com/in/davefoster1031
Facebook: facebook.com/the1031investor
YouTube: youtube.com/c/The1031Investor

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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Want to understand the tax and compliance issues before buying an aircraft?

On this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Letisha Sailor, founder of AvTax Advisors, for a practical conversation on aviation tax law, aircraft ownership, FAA compliance, and IRS audit risk. With more than 20 years of experience in aviation tax and accounting, Letisha explains why aircraft ownership requires more than simply choosing the right plane. From structuring ownership correctly to documenting business use, managing state tax exposure, and preparing for potential audits, this episode highlights the importance of proactive planning before the purchase ever happens.

Key Takeaways:

→ Aircraft ownership requires planning before purchase
→ Tax deductions depend on proper documentation and business use
→ Ownership structure must balance tax efficiency and FAA compliance
→ State sales and use tax can create unexpected costs
→ Proactive review can reduce audit risk and compliance issues

More from Letisha Sailor and AvTax Advisors:

Website: avtaxadvisors.com
LinkedIn: linkedin.com/in/letishasailor
Instagram: instagram.com/avtaxadvisors/?igsh=YzZlaTRremhhYzR1#

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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