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

Use Sam's secret growth sauce: generate more traffic with HubSpot's Free Landing Page Builder 🔥 https://mfmpod.link/cc4 Episode 541: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) are on a campaign to make sure no entrepreneur pays more taxes than absolutely necessary. They’re joined by Ankur Nagpal, the founder of Teachable and resident tax genius, to share the 10 tax loopholes every founder should know. — Show Notes: (0:00) Intro (3:00) Biggest secret to pay less in taxes (7:20) QSBS - the most generous tax break available (16:30) Do NOT move to Puerto Rico (21:00) There's no true alpha in investing (26:00) Sam's credit card tax hack (30:00) Solo 401(k) (34:30) Your CPA is not is not your tax strategist (42:30) Owning real estate to lower your tax bill (44:00) 4 triggers to happiness (48:30) Putting the Indian diet on blast — Links: • Ankur Nagpal Twitter - https://twitter.com/ankurnagpal • Teachable - https://teachable.com/ • Carry - http://carrymoney.com/ • Mo Points - https://mopoints.com/ • Points.me - http://points.me — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth 💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano For more quality videos subscribe here → https://tinyurl.com/46rjnckx 🔔 Turn on notifications to stay updated with new uploads