$250M Founder Reveals How The Rich Avoid Taxes (Legally) | ft. Ankur Nagpal

  Рет қаралды 40,737

My First Million

My First Million

Күн бұрын

Пікірлер: 96
@deepd2901
@deepd2901 8 ай бұрын
Clicked so fast! Fkn love MFM! You guys are like my best friends
@mehtasdeepak
@mehtasdeepak 8 ай бұрын
This is pure gold, i had no freaking idea of how to save o. W2 taxes
@MayorSom
@MayorSom 8 ай бұрын
Great ep lads!
@nikkohirano7439
@nikkohirano7439 8 ай бұрын
Sam’s looking fly!
@colinyoung3893
@colinyoung3893 8 ай бұрын
you guys should do a "sell me this pen" masterclass where you break down different ways to motivate potential buyers
@harkirat1
@harkirat1 8 ай бұрын
Shaan's looking slick. Getting Indian dad vibes minus the Indian Dad bod.
@blakebarton596
@blakebarton596 8 ай бұрын
There was post economic but shaan is POST POSTAL
@sirij8784
@sirij8784 5 ай бұрын
I setup my own solo 401k years ago and financial professionals had no idea how to do it. Easiest was to set it up with vangaurd and contribute every year to get my taxes down. It only applies to solo business owners wtih no employees
@newmoneytalks
@newmoneytalks 8 ай бұрын
Did anyone else see Sam with the Zyn? The man is throwing in an upper decky zynbabwe - gotta love it!! Sam, are they 6s or 3s?
@grahamkennedy7221
@grahamkennedy7221 8 ай бұрын
My business AMX would reduce points for cash cards by 40% so I got gas cards and tried to sell them to my friends and family, that provide impossible. I somehow discovered the gas card was really just a cash card with a gas picture on it. I didn’t know Sam’s rebate law until today so I would buy money orders with “gas cards” and pay my personal credit cards.
@ywueeee
@ywueeee 8 ай бұрын
that was short, we needed his story and ideas
@clifwebb
@clifwebb 8 ай бұрын
I'm an avid listener of the podcast. Love the content. Shaan's workout regimen is really paying off since the last time I watched a KZbin episode. Keep it up. :)
@neilquinn
@neilquinn 8 ай бұрын
LOL @ Sam not knowing about transferring points. Sam - if it makes you feel better it's become less of a bargain to transfer as airlines have move towards $/pt equivalents vs. zone style point pricing. But ya still a big miss.
@Harpreet06
@Harpreet06 8 ай бұрын
I need someone like this but for the UK
@Connor_Sell
@Connor_Sell 8 ай бұрын
Transcript the episode. Paste into GPT and ask it to be a UK tax professional and give you the equivalent sentiments. If it disclaimers you to death and refuses, vehemently explain it's hypothetical and educational only.
@hud100h
@hud100h 8 ай бұрын
Accountants in the UK boil my blood, I’ve been looking for a service to proactively help me with my taxes and I’m now convinced I should just start one because it doesn’t exist for smaller businesses. Closest thing I’ve found is a fractional CFO.
@MayorSom
@MayorSom 8 ай бұрын
If you are earning less than £250,000 don't even bother. Anything less than that threshold negate any creative accounting
@hud100h
@hud100h 8 ай бұрын
@@MayorSom not sure I agree, a 1 person business bringing in £100k with high margins could stand to make a return on anything spent up to £7/8k in 1 tax year alone, plus the real ROI would compound for each tax year done effectively thereafter.
@BabarKhanJaved
@BabarKhanJaved 8 ай бұрын
This guy moves so much. Camera cuts two two guys with stiff shoulders and then a warbler.
@podbeat
@podbeat 8 ай бұрын
Hey guys, so you know - the ADS in the Podcast version of your show are about half the volume as the show. That's been happening for the last few weeks. FYI
@dewanshuraut
@dewanshuraut 8 ай бұрын
Bro, but oldest and health man is from india(Swami Sivananda) most powerful guy is from india gama 💪
@kbtken
@kbtken 8 ай бұрын
Paying taxes with a credit card 👍 I’m definitely trying that this year
@thechrisbaden
@thechrisbaden 8 ай бұрын
hahaha "here comes the tax fairy" .... "I'm completely out of the mailing system... How many stamps do I use? What part do I lick?" 🤣🤣🤣 This is the funniest talk on taxes ever. I didn't think it was possible for this to be entertaining and useful, yet the impossible is now reality! Well done 🚀 P.S. My stay at home wife is now becoming a real estate profession.
@grahamkennedy7221
@grahamkennedy7221 8 ай бұрын
37:28 I’m on my 5th account in 12 years. It’s frustrating paying someone 200 dollars an hour to debate then educate them, the “professional” who should educating you.
@Danny-fs1hk
@Danny-fs1hk 8 ай бұрын
29:27 “you knew that, Shaan?” 😂 These guys are funny.
@andypahwa
@andypahwa 8 ай бұрын
So damn funny that when you go to MoPoints' site the first testimonial...is from SAM!
@RickNob
@RickNob 8 ай бұрын
56 minutes long, maybe 5 minuets of actual tax info. 🤷🏻‍♂️
@applebearco
@applebearco 8 ай бұрын
I need to watch this episode like 5 times. Thank you guys. -Lynsie from Boston
@amorsel
@amorsel 8 ай бұрын
So glad I didn't have to watch that hubspot commercial again
@StevenJacobs
@StevenJacobs 8 ай бұрын
40:50 is gold about selling a house
@mattb6009
@mattb6009 8 ай бұрын
This is awesome, would love a UK one
@CharlieLeahy-x2z
@CharlieLeahy-x2z 8 ай бұрын
This year the tax man cometh for the lads
@JFabric500
@JFabric500 8 ай бұрын
Living in STL for 12 years now and trying to buy a business I relate to Sam so much. I laughed so hard that he got married Catholic and had a drinking problem, most STL thing ever.
@Vexdz911
@Vexdz911 8 ай бұрын
Lol I will pay to have the investor say why he can't trust me or invest to my fiance. Wanna hear a funny story about loopholes love and other relevant things to your post and this podcast episode. Said and unsaid.
@furnessryan9675
@furnessryan9675 8 ай бұрын
That cultural food bias is real. For the Caribbean immigrants it's the same. We have an Indian- inspired dish called roti, very tasty wrap. Some Canadian nutrition writer said it was 1,000 calories for one 😢. And suggested that you eat only half and the Caribbean immigrants online WENT CRAZY!
@Stierenkloot
@Stierenkloot 8 ай бұрын
Until now I always thought Indian food was like super great for protein because I only ever eat the chicken varieties with naan bread. That’s Indian food to me
@ColterBergh
@ColterBergh 8 ай бұрын
This episode is gold🥇
@georgeevans5192
@georgeevans5192 8 ай бұрын
Ah jeez this thumbnail…
@stevenmichaelmarlowe
@stevenmichaelmarlowe 8 ай бұрын
You guys area awesome…never thought this subject could be interesting - until now
@Livvertical
@Livvertical 8 ай бұрын
All of you are being taken to the cleaners with taxes. 98% of you owe $0.
@justinfleagle
@justinfleagle 8 ай бұрын
29:20
@tlock8085
@tlock8085 8 ай бұрын
He is right about the diet, part, my college best friend ate like shit. I was amazed 😮😢. 53:11 Looking at him I thought I was going to get diabetes, or a heart attack.
@tarekaz
@tarekaz 8 ай бұрын
Sam looking like an eczema cream model in that thumbnail 💀 No but thanks for the life changing info as always fellas
@theSriB
@theSriB 8 ай бұрын
You guys are awesome, and it became my drive time learning class. Btw, not all Indian food is bad, but we Americanize them with creams and sugars.
@sebway123
@sebway123 8 ай бұрын
Shaan's lookin' a little pale in that Hampton/Hubspot ad read around 8min.
@PerrinCarrell
@PerrinCarrell 8 ай бұрын
Thumbnail image looks like the face of a guy who's surprised he hates doing thumbnail photoshoots as much as he does
@NZAutospares
@NZAutospares 8 ай бұрын
Was listening on spotify until last minute. Then had to jump across to say Shaan you're look great keep up the good work.
@anyshapatel
@anyshapatel 8 ай бұрын
The best part of my day is listening to the MFM giggle it literally gives me a pep to my step plssSSssss do not remove this
@TheAlexDouglas
@TheAlexDouglas 8 ай бұрын
Holy shit, thats some 4k Photo Sam. Congratz on the thumbnail
@pavelroll4318
@pavelroll4318 8 ай бұрын
Shaan looks amazing! The next Gym Shark model! 💪🏼
@tapflowapp
@tapflowapp 8 ай бұрын
Ankut wins worst BG of the year already?
@earx23
@earx23 8 ай бұрын
Damn I love Indian fast food. It's like fast food but nicer 😍
@mallhits
@mallhits 8 ай бұрын
Pack to the lid with value. great episode guys. thanks for posting
@jeremyhiott
@jeremyhiott 8 ай бұрын
Sam, love the structured wide lapel tweed blazer. Where do you shop?
@22utoo
@22utoo 8 ай бұрын
I need someone like him in Canada. If anyone knows one let me know please, thanks.
@PracticePeakCoaching
@PracticePeakCoaching 8 ай бұрын
Almost 🎉hitting 400k subs … LETS GOOO!!!
@dollarbill2121
@dollarbill2121 8 ай бұрын
Dude doesn’t have company to save people on taxes. His company provides 401k plans, you’re not saving your deferring your taxes
@AnkurNagpalOcho
@AnkurNagpalOcho 8 ай бұрын
hi! we have solo 401k's, self-directed IRA's, cash balance plans -- and a few other tax savings accounts in beta. we also do tax strategy + filing for a handful of clients for now, before rolling that out more broadly
@MIMS207
@MIMS207 8 ай бұрын
Most people are in a lower tax bracket when they retire so technically he’s helping people save on taxes.
@grahamkennedy7221
@grahamkennedy7221 8 ай бұрын
@@AnkurNagpalOchoDo I have to already be wealthy or spend a bunch of money to be one of the handful?
@grahamkennedy7221
@grahamkennedy7221 8 ай бұрын
@@AnkurNagpalOcho I found your price schedule, pro looks more my speed.
@FkYouProbably
@FkYouProbably 8 ай бұрын
We need more episodes. This is bullshit. You can’t drop gems like this and make us wait.
@manuelmao4700
@manuelmao4700 8 ай бұрын
Spotify listeners are missing Sam looks, what a tragedy.
@Monas99
@Monas99 8 ай бұрын
right on- this is so timely , thank you for this interview, guys i really apreciate it.
@arshammirshah
@arshammirshah 8 ай бұрын
Most valuable episode ever, thank you!!
@realestatematedxb
@realestatematedxb 8 ай бұрын
Bring back "MFM Shark Tank"
@CERTIFIEDMFMHATER
@CERTIFIEDMFMHATER 8 ай бұрын
Finally Shaan shaved that gray ass beard
@dimitrithomas
@dimitrithomas 8 ай бұрын
401(k) Limits are combined - if you max out your Solo 401(k), you cannot also max out your Employer 401(k)
@AnkurNagpalOcho
@AnkurNagpalOcho 8 ай бұрын
the employee limits are combined, not employer!
@siddg8505
@siddg8505 8 ай бұрын
Sam's outfit is always sick !!!
@phillycheesy
@phillycheesy 8 ай бұрын
Sam was hurt by the points hack! better to learn now
@faisalislam9840
@faisalislam9840 8 ай бұрын
Just saw Sam's Money Wise and now I'm here
@acquisitium
@acquisitium 8 ай бұрын
love the glazing look of sam at 4:22
@nbme-answers
@nbme-answers 8 ай бұрын
32:55 side hustle solo 4
@MIDE..
@MIDE.. 8 ай бұрын
This is good alpha
@HighResGlassPics
@HighResGlassPics 8 ай бұрын
Great episode!
@TheKangoeroe
@TheKangoeroe 8 ай бұрын
You're welcome
@haveyoureddittoday
@haveyoureddittoday 8 ай бұрын
Love this
@carryhq
@carryhq 8 ай бұрын
🔥
@andrewliffey
@andrewliffey 8 ай бұрын
hahahah what is Sam wearing ? does anyone else remember when Sam didn't have a kid, was cool and wore leather jackets.
@samparr9899
@samparr9899 8 ай бұрын
i remember those days. was fun.
@ItsRobertWojcieszek
@ItsRobertWojcieszek 8 ай бұрын
First
@faisalislam9840
@faisalislam9840 8 ай бұрын
1st
@vincenoir9710
@vincenoir9710 8 ай бұрын
This was cool and all, but is very US centric. Would be useful to know who is the equivalent of this dude for those born in more rad countries, such as Australia.
@CharlieLeahy-x2z
@CharlieLeahy-x2z 8 ай бұрын
Currently living in ireland, Australia is like a tax haven compared to Ireland.
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