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$250M Founder Reveals How The Rich Avoid Taxes (Legally)
My First Million
Go to Podcast Page
$250M Founder Reveals How The Rich Avoid Taxes (Legally)
My First Million
Go to Podcast Page
Sam Parr, Shaan Puri, My First Million, Ankur Nagpal
·
30 Clips
·
Jan 17, 2024
$250M Founder Reveals How The Rich Avoid Taxes (Legally)
My First Million
0 Clips
·
Jan 17, 2024
Top Moments
If you are a full-time W2 employee somewhere, if you are not yet a business owner, consider becoming a business owner since it is the single biggest thing you can do to optimize your
taxes.
If You're a W2 Employee & Wanna Save on Taxes, Become a Business Owner
I don't think anyone pays more in taxes than highly paid tech employees... That's about as bad as you can get. Two people in San Francisco making $400k a year together, cool, you're paying half of it in
taxes.
Wanna Lower Your Tax Bill as W2 Employee, Marry a Real Estate Professional
The Indian diet is just, by default, not great for building strength, for staying in shape ... An Indian person living in North America... is anywhere been four to six times more likely to have heart disease, diabetes—like, it's just real
bad.
Ankur Thinks the Traditional Indian Diet Is Unhealthy; It Increases Heart Disease Risk
The first thing I think everyone should know, even people who are not entrepreneurs yet, is the US tax code is rigged in favor of business
owners.
If You're a W2 Employee & Wanna Save on Taxes, Become a Business Owner
The whole point of money is to be free from it and do what you
want...
Financial Freedom Means Money No Longer Dictates Your Decisions
What I think is a little bit of a scam is a lot of the financial services industry that tries to promise you outsized
returns.
Ankur Thinks Saving on Taxes Is a Better Financial Strategy Than Trying to Beat the Market
I think the spelling bee is the only time I see Indian people on ESPN—obviously an
exaggeration.
A Trip to an Indian Grocery Store Awakened Shaan to How Unhealthy Indian Food Is
Intros & Ads
Shaan Puri Intro
MFM Intro
Sam & Shaan Introduce Ankur Nagpal
Clips
1
After Selling Teachable for $250M, Ankur Nagpal Founded Carry
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2
AD: HubSpot
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3
Ankur Made His First Million Before Age 21 By Building Viral Facebook Apps
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4
If You're a W2 Employee & Wanna Save on Taxes, Become a Business Owner
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5
Wanna Lower Your Tax Bill as W2 Employee, Marry a Real Estate Professional
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6
QSBS Is Likely the Single Most Generous Tax Break Available
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7
The 83(b) Election Is a High-Stakes Tax Document That Illustrates How Archaic the IRS Is
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8
AD: Imperfect Action
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9
Why Ankur Nagpal Will Never Move to Puerto Rico to Save Money on Taxes
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10
Financial Freedom Means Money No Longer Dictates Your Decisions
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11
Ankur Thinks Saving on Taxes Is a Better Financial Strategy Than Trying to Beat the Market
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12
Sam Parr Has Only Picked Stocks 3 Times: Playboy, Coinbase, & HubSpot
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13
Sam Parr Met a Business Owner Who Took Her Salary in Credit Card Rewards
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14
It's Possible to Pay Your Tax Bill With a Credit Card
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15
Never Spend Your Points on a Credit Card's Website; Do This Instead
2
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16
Solo 401ks & How Peter Thiel Used a Roth IRA to Make Billions Tax Free
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17
Ankur Nagpal Often Has to Educate CPAs About Optimal Tax Strategy
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18
Stressed to the Max By His 2022 Taxes, Shaan Puri Created a 'Data Room' for 2023
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19
When Selling His SF Home, Shaan Puri Offered His Realtor an Incentive
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20
Wanna Lower Your Tax Bill as a Business Owner? Buy Your Office Building
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21
Ankur's Happiness Triggers: Movement, Outdoor Time, Work With Meaning, & Relationships
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22
Finding a Good Wife Was the Best Financial Decision Sam's Ever Made
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23
Ankur Thinks the Traditional Indian Diet Is Unhealthy; It Increases Heart Disease Risk
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24
A Trip to an Indian Grocery Store Awakened Shaan to How Unhealthy Indian Food Is
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25
The MFM YouTube Comments Are Filled With People Praising Shaan's Looks
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26
Group Outro
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27
MFM Outro
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Transcripts
View Full Episode Transcript
Clips
Shaan Puri Intro
MFM Intro
Sam & Shaan Introduce Ankur Nagpal
After Selling Teachable for $250M, Ankur Nagpal Founded Carry
AD: HubSpot
Ankur Made His First Million Before Age 21 By Building Viral Facebook Apps
If You're a W2 Employee & Wanna Save on Taxes, Become a Business Owner
Wanna Lower Your Tax Bill as W2 Employee, Marry a Real Estate Professional
QSBS Is Likely the Single Most Generous Tax Break Available
The 83(b) Election Is a High-Stakes Tax Document That Illustrates How Archaic the IRS Is
AD: Imperfect Action
Why Ankur Nagpal Will Never Move to Puerto Rico to Save Money on Taxes
Financial Freedom Means Money No Longer Dictates Your Decisions
Ankur Thinks Saving on Taxes Is a Better Financial Strategy Than Trying to Beat the Market
Sam Parr Has Only Picked Stocks 3 Times: Playboy, Coinbase, & HubSpot
Sam Parr Met a Business Owner Who Took Her Salary in Credit Card Rewards
It's Possible to Pay Your Tax Bill With a Credit Card
Never Spend Your Points on a Credit Card's Website; Do This Instead
Solo 401ks & How Peter Thiel Used a Roth IRA to Make Billions Tax Free
Ankur Nagpal Often Has to Educate CPAs About Optimal Tax Strategy
Stressed to the Max By His 2022 Taxes, Shaan Puri Created a 'Data Room' for 2023
When Selling His SF Home, Shaan Puri Offered His Realtor an Incentive
Wanna Lower Your Tax Bill as a Business Owner? Buy Your Office Building
Ankur's Happiness Triggers: Movement, Outdoor Time, Work With Meaning, & Relationships
Finding a Good Wife Was the Best Financial Decision Sam's Ever Made
Ankur Thinks the Traditional Indian Diet Is Unhealthy; It Increases Heart Disease Risk
A Trip to an Indian Grocery Store Awakened Shaan to How Unhealthy Indian Food Is
The MFM YouTube Comments Are Filled With People Praising Shaan's Looks
Group Outro
MFM Outro
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