Welcome to my Private Wealth Academy review. Can you really learn wealth protection while reducing your tax liability, or is this another scam to avoid?
Here’s what you need to know. There are multiple courses available inside this program that range from $297 to $997.
There’s also an affiliate program available for people that want to promote this opportunity to others and earn commissions from that.
That’s why, I want to point out that I’m not a promoter of Private Wealth Academy, so don’t expect a thousand low quality bonuses for joining through my links because you won’t find any.
By the time you’re done here, you will know exactly what to expect inside, how much it costs to become a member for each individual course provided inside, and more.
At the end of this review, I will also show you an alternative that can help you make money online from home.
Private Wealth Academy Review Summary
Product Name: Private Wealth Academy
Product Owner: Carlton Weiss
Product Type: Protect Your Money and Assets Courses
Product Price: $297 – $997
Overall Score: 40/100
Recommended: Not Really!
Summary: Private Wealth Academy has a range of courses that are suited for people that already have money in their bank accounts but want to protect them and/or reduce their taxes.
You can learn a lot of useful things inside that will help you protect your assets and income.
It’s not for people that are looking for ways to make more money. If you liked the free 30 minute presentation and you don’t mind spending up to a thousand bucks to learn these things, then you can definitely take advantage of everything provided inside Private Wealth Academy.
Some of the tips and methods that you will see over there work. However, I’m fairly certain that you can get the same type of information at other places and you won’t have to pay that much money.
Furthermore, I’m not entirely convinced about the corporate credit secrets course. I think that it’s way too risky than they make it look like.
Below, you will see an alternative for making passive income online that does not involve taking out huge sums in credit, with absolutely no intention of paying it back.
What is Private Wealth Academy?
Private Wealth Academy is all about helping you take control of your wealth. It’s not for people looking to save money on everyday expenses.
It’s geared towards showing you how to reduce your taxes in an ethical and legit way.
According to their sales page, you will also learn how to build $100K in corporate credit, without personal liability and without paying it yourself.
When you get access to the money, all you have to do is bankrupt the company and no one will chase you for owing that much money. Does that sound a bit too easy?
Is Private Wealth Academy a Scam?
Private Wealth Academy is not a scam. However, there are some things you need to know about the risks that come along when you apply the practices taught inside.
For example, most banks almost always make the owner of the corporation personally liable for any charges made by the credit card owner, even if it’s for business purposes only.
You may end up thinking that you can get away with taking out large corporate credit without paying it by simply going bankrupt with your company, but that’s almost never the case.
That’s why I think that this practice is extremely risky and it has a high probability of NOT working for you. Think about it for a second.
Who would give out tens of thousands of dollars, without expecting to get it back, or without insuring themselves first?
Want to learn a REAL way of making money online, without having to worry about taking out unaffordable credits? Then click below.
What’s Inside Private Wealth Academy?
Inside Private Wealth Academy, you will get access to 4 different courses on topics like reducing your taxes, getting a mortgage while paying the absolute minimum, and more. Here’s a breakdown of each course provided inside.
The Bulletproof Trust
Bulletproof Trust Documents. According to the course owner, he has a blueprint that can show you how to create a document that will help you create a trust document, allowing you to save up to $20,000 in legal fees. In fact, all you have to do is fill the blank spaces inside this course, and the software inside will create these documents for you. When they’re ready, you can easily go to the bank.
Trustee Training Secrets. This is a training that will show you how to properly use the Bulletproof Trust and protect all your assets. This includes your home, estates, vehicles, businesses, and more. Apparently, they have a proven formula that can help you do all of that with ease.
Trust Laws and Statutes Handbook. This is a collection of over 25+ books on trust laws and supreme court cases. You are allowed up to 1 new purchase per member.
Over 500 Trust Documents For Operating. Here, you will get access to templates for every type of document that a trust will ever need. From hiring employers or independent contractors to creating sub-trusts, sub-corporations, registering with SoS, setting up security agreements, obligation of debts, secured third party transactions, liquidation, banking, business transactions, sales/purchases of property, and more.
Creating a Trust Web Structure. Learn how to create multiple trusts and link them together to reduce your risks. The way it all works is, you should have a trust for your home, one for your business, another one for your car, etc. Each trust should hold some assets. That way, if something happens with one of them, it won’t have a huge impact on your life.
Social Security Secrets to Remove SS Taxes. This part will teach you how to tax your income in a way that you pay out the bare minimum required from you. You will take advantage of a “loophole” to redeem your money so that it does not qualify as taxable income.
Court Protection. Worst case scenario is that you might end up going to court for trying to evade your taxes. This part of the course will teach you how to deal with that if it ever occurs.
Corporate Credit Secrets
This course is all about teaching you how to obtain corporate credits with high limits, without being liable for paying them back. There are 6 modules inside that show you how to do that from start to finish and they are as follows:
Corporate Credit Secrets. How to build up to $50K in credits in 6 months or less. If you keep the entity longer for up to 24 months, that limit can increase to $250,000. The idea of this course is to use all that money as you want, without paying anything back. As I’ve said already, this can backfire pretty quickly. It’s up to you to decide if the risk is worth it.
How to Remove Personal Liability. Most people secure loans by using their social security number and other personal information. The goal here is to avoid that and reduce your chances of getting chased for these types of credits.
Setting Up Credit Optimized Corporations. This part is all about getting corporate credit without being blacklisted or red flagged from obtaining the credit. According to the team behind Private Wealth Academy, by getting their help, you can potentially 10x your credit limit without being liable for anything.
List of Best Corporate Credit Cards. This is a list of providers that can help you secure thousands of dollars from just one credit card.
How to Obtain Corporate Credit Loans. After you get your credit card, it’s time to work your way towards getting a corporate loan, which you won’t be liable for, even if your business fails.
Pre Built Website, Logos & Letterheads. This will make it more likely to secure your credit and loans. You will get access to all the templates you need to set everything up within a day.
Real Estate Secrets
This course is all about helping you secure real estate while paying as little as you can on your mortgage. It’s all about taking advantage of little known loopholes and methods that most people don’t even know about.
Beat The Ticket
This training is all about teaching you how to fight tickets like parking violations, etc. You will learn about the different ways that you can leverage the system to dismiss your tickets.
What I Like About Private Wealth Academy
1. You Can Learn a Lot of Useful Things. Despite the huge risks that come along with some of the methods taught inside, you can learn a lot of valuable insights on asset protection and how to pay fewer taxes overall.
2. There’s a Refund. If you want to get your money back after buying any of the courses inside, there is a 7 day period that allows you to do that.
What I Don’t Like About Private Wealth Academy
1. It’s Risky. Everything taught inside can easily backfire and leave you owing a lot of money.
2. It’s Too Oversimplified. The people inside Private Wealth Academy have one thing going for them and that’s their marketing. They make everything sound way too simple and easy than it actually is.
3. Not The Beast Model For Generating Income. If you want to learn high income generating skills that can increase your revenue flow, then this is not the best way to go about it.
Is There a Better Alternative?
If your goal is to avoid paying a lot of taxes and secure your income flow, then Private Wealth Academy may help you with that.
However, if you want an easy way to make a lot of money, there are a lot of potential drawbacks that may come when you apply the practices taught inside.
There are other ways to create a passive income stream, without taking out huge loans, without going into debt, and without risking that much.
I believe that affiliate marketing is the best business model for beginners looking to earn a solid income online.
Using this business model and the 4 step system that you will see on the next page, I was able to earn $1K from a single sale multiple times over.