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 — 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 — 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 — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to 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. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — 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 Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano