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

[@sirij8784]

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

[@deepd2901]

Clicked so fast! Fkn love MFM! You guys are like my best friends

[@colinyoung3893]

you guys should do a "sell me this pen" masterclass where you break down different ways to motivate potential buyers

[@clifwebb]

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. :)

[@StevenJacobs]

40:50 is gold about selling a house

[@harkirat1]

Shaan's looking slick. Getting Indian dad vibes minus the Indian Dad bod.

[@mallhits]

Pack to the lid with value. great episode guys. thanks for posting

[@blakebarton596]

There was post economic but shaan is POST POSTAL

[@grahamkennedy7221]

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]

that was short, we needed his story and ideas

[@ColterBergh]

This episode is gold🥇

[@NZAutospares]

Was listening on spotify until last minute. Then had to jump across to say Shaan you're look great keep up the good work.

[@podbeat]

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

[@Monas99]

right on- this is so timely , thank you for this interview, guys i really apreciate it.

[@mattb6009]

This is awesome, would love a UK one

[@newmoneytalks]

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?

[@MayorSom]

Great ep lads!

[@acquisitium]

love the glazing look of sam at 4:22

[@Harpreet06]

I need someone like this but for the UK

[@Connor_Sell]

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]

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]

If you are earning less than £250,000 don't even bother. Anything less than that threshold negate any creative accounting

[@hud100h]

@@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.

[@Danny-fs1hk]

29:27 “you knew that, Shaan?” 😂 These guys are funny.

[@andypahwa]

So damn funny that when you go to MoPoints' site the first testimonial...is from SAM!

[@applebearco]

I need to watch this episode like 5 times. Thank you guys. -Lynsie from Boston

[@arshammirshah]

Most valuable episode ever, thank you!!

[@siddg8505]

Sam's outfit is always sick !!!

[@HighResGlassPics]

Great episode!

[@nbme-answers]

32:55 side hustle solo 4

[@theSriB]

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.

[@JFabric500]

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]

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.

[@grahamkennedy7221]

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.

[@anyshapatel]

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]

Holy shit, thats some 4k Photo Sam. Congratz on the thumbnail

[@mehtasdeepak]

This is pure gold, i had no freaking idea of how to save o. W2 taxes

[@stevenmichaelmarlowe]

You guys area awesome…never thought this subject could be interesting - until now

[@neilquinn]

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.

[@kbtken]

Paying taxes with a credit card 👍 I’m definitely trying that this year

[@pavelroll4318]

Shaan looks amazing! The next Gym Shark model! 💪🏼

[@CharlieLeahy-x2z]

This year the tax man cometh for the lads

[@jeremyhiott]

Sam, love the structured wide lapel tweed blazer. Where do you shop?

[@dewanshuraut]

Bro, but oldest and health man is from india(Swami Sivananda) most powerful guy is from india gama 💪

[@furnessryan9675]

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!

[@dimitrithomas]

401(k) Limits are combined - if you max out your Solo 401(k), you cannot also max out your Employer 401(k)

[@AnkurNagpalOcho]

the employee limits are combined, not employer!

[@faisalislam9840]

Just saw Sam's Money Wise and now I'm here

[@PracticePeakCoaching]

Almost 🎉hitting 400k subs … LETS GOOO!!!

[@thechrisbaden]

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.

[@amorsel]

So glad I didn't have to watch that hubspot commercial again

[@phillycheesy]

Sam was hurt by the points hack! better to learn now

[@haveyoureddittoday]

Love this

[@nikkohirano7439]

Sam’s looking fly!

[@Stierenkloot]

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

[@PerrinCarrell]

Thumbnail image looks like the face of a guy who's surprised he hates doing thumbnail photoshoots as much as he does

[@tarekaz]

Sam looking like an eczema cream model in that thumbnail 💀 No but thanks for the life changing info as always fellas

[@tlock8085]

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.

[@TheKangoeroe]

You're welcome

[@sebway123]

Shaan's lookin' a little pale in that Hampton/Hubspot ad read around 8min.

[@22utoo]

I need someone like him in Canada. If anyone knows one let me know please, thanks.

[@realestatematedxb]

Bring back "MFM Shark Tank"

[@justinfleagle]

29:20

[@CERTIFIEDMFMHATER]

Finally Shaan shaved that gray ass beard

[@manuelmao4700]

Spotify listeners are missing Sam looks, what a tragedy.

[@BabarKhanJaved]

This guy moves so much. Camera cuts two two guys with stiff shoulders and then a warbler.

[@earx23]

Damn I love Indian fast food. It's like fast food but nicer 😍

[@MIDE..]

This is good alpha

[@tapflowapp]

Ankut wins worst BG of the year already?

[@dollarbill2121]

Dude doesn’t have company to save people on taxes. His company provides 401k plans, you’re not saving your deferring your taxes

[@AnkurNagpalOcho]

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]

Most people are in a lower tax bracket when they retire so technically he’s helping people save on taxes.

[@grahamkennedy7221]

@@AnkurNagpalOchoDo I have to already be wealthy or spend a bunch of money to be one of the handful?

[@grahamkennedy7221]

@@AnkurNagpalOcho I found your price schedule, pro looks more my speed.

[@carryhq]

🔥

[@georgeevans5192]

Ah jeez this thumbnail…

[@RickNob]

56 minutes long, maybe 5 minuets of actual tax info. 🤷🏻‍♂️

[@Livvertical]

All of you are being taken to the cleaners with taxes. 98% of you owe $0.

[@andrewliffey]

hahahah what is Sam wearing ? does anyone else remember when Sam didn't have a kid, was cool and wore leather jackets.

[@samparr9899]

i remember those days. was fun.

[@vincenoir9710]

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]

Currently living in ireland, Australia is like a tax haven compared to Ireland.

[@ItsRobertWojcieszek]

First

[@faisalislam9840]

1st