How to retire with millions (and pay $0 taxes)

Episode 707: Sam Parr (https://x.com/theSamParr) and Shaan Puri (https://x.com/ShaanVP) talk to Ankur Nagpal (https://x.com/ankurnagpal) about IRS loopholes that can help you grow your net worth plus Ankur shares 6 business ideas.

See Ankur in person at the OOO SUMMIT on Friday, May 16th -https://lu.ma/2025

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Show Notes:

(0:00) Ankur's portfolio experiment

(10:46) A case for direct indexing

(16:29) Super backdoor roth conversions

(20:59) Mega backdoor conversion

(23:52) IDEA: Executive Clinic for Aesthetics

(32:32) IDEA: Amish Farm Imports

(36:18) IDEA: Credit Card Agent

(43:01) IDEA: Homeownership app

(47:35) IDEA: Padel club

(56:31) IDEA: Buying a sports team

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Links:

•Steal Sam's guide to turn ChatGPT into your Executive Coach:https://clickhubspot.com/dvj

• Teachable -https://teachable.com/

• Carry -https://carry.com/

• Frec -https://frec.com/

• Superpower -https://superpower.com/

• Flightfox -https://www.flightfox.com/

• Seats.aero -https://seats.aero/

• Home Depot Workshops -https://www.homedepot.com/c/kids-workshop

• The OOO Summit -https://lu.ma/2025

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Check Out Shaan's Stuff:

• Shaan's weekly email -https://www.shaanpuri.com

• Visithttps://www.somewhere.com/mfmto hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

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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

• Sam’s List -http://samslist.co/

My First Millionis a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano