How To Write Off $1,000,000 In Taxes (
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- Опубликовано: 4 авг 2024
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Episode 447: Shaan Puri ( / shaanvp ) and Sam Parr ( / thesamparr ) talk about the rich people tax credit scheme, Andrew Wilkinson's Tiny goes public, Harvard is a multi-billion dollar tax-free revenue, and Shaan's latest business idea - My9.
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A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.
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Show Notes:
(00:00) - Intro
(02:16) - Rich People Tax Credit Scheme
(10:47) - Ramit Sethi debrief
(14:13) - Martin Shkreli debrief
(20:32) - Deep Dive on Andrew Wilkinson's Tiny Going Public
(35:09) - Harvard's revenue
(46:15) - My9
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Props to Ben for the spoiler alert...
Spoler alerts; beautifully done
these two...these two right here are the REAL premium guests. Lovely classic pod.
15:07 totally agree with Sam here. He was brave enough to lay into Martin on all of his shenanigans (PS: see y’all in Austin this Saturday!)
WHAT A PREMIUM EPISODE MAN.
About Martin Shkreli: I appreciate you had him on the show. I believe you should "give a platform" to all sorts of people. It shows respect for your audience: instead of censoring what we see, you trust us enough to make our own decisions about people and to learn our own lessons from them.
Keep up the great work. ❤
Shoutout to Ben for the heads up on the Succession spoiler
Shaan, just buy distressed companies and use their losses to offset your gains. Then following year improve operations, sell for profit, and repeat.
Got so much respect for Ben jumping in and blocking the spoiler. Beast.
It’s Hollywood babyy. Shaan’s hilarious.
Very fascinating pod guys!
Wow producer Ben with the spoiler save 🙌
Right!
I don’t think I’ve ever commented on a RUclips video is 5+ years but I had to come on here and say producer Ben’s warning about the succession thing just made me the happiest person ever. Spoiler alerts are literally the bane of my existence and I’m only on season 2 of succession. Just for that you earned a listener for life. Love you boys.
That premium spoiler
Manifest Cowboy: the story of Sam Parr
Would be a cool film
It’s Hollywood baby 😂
The “platforming” critique is nonsense. Utter Nonsense those are just people aiming to shut down speech - do not listen to them. Keep doing what you’re doing.!!!
Shaan, spitting wisdom on unconditional happiness.
“Accepting what is: how to have a party despite external considerations”
The Dao of Shaan Puri
Fantastic episode! Ben thanks for the spoiler warning!
Thank you @ben, for the save, 54:23.
Premium Productions TM
Podcasting; beautifully done
Do not cave into the masses. Not everyone needs to "LOVE" every pod.
This is my favorite movie
The IRS has entered the chat
I recently put down $67k on a 4 unit and wrote off $132k in year one from a cost seg haha
You two could be the subject of a semi biographical comedy. Somewhere between 8 mile and Harold and Kumar.
You guys are low-key hilarious 😂. As a new listener I loved the Martin episode. I like smart people. And enjoyed hearing his perspective. And I can confirm that you guys pressed him on some of his points so I don’t see the issue.
Edit:
Thank you for the succession spoiler warning. I would have been devastated. I’ve been avoiding Pods for this very reason.
There's certainly a market for digital inheritance solutions, but would also be a prime target for hackers.
That explains the amount of dull movies in recent years 😂
premium episode
Andrew Wilkinson probably cried about Martin Skreli on the pod… baby
LFG!
apparently that film tax credit expired in 2023
Explains why Elon and Sacks produced Thank you for Smoking 😀
In this video, the host discusses how high-income earners can use tax strategies to write off up to $1 million in taxes. The video explains that one strategy is to invest in real estate, which can provide significant tax deductions through depreciation, mortgage interest deductions, and other expenses. The host also discusses other tax-saving strategies, such as investing in a retirement account, using a health savings account, and taking advantage of tax credits and deductions for charitable donations. The video emphasizes the importance of working with a qualified tax professional to ensure compliance with tax laws and regulations. Additionally, the host advises viewers to be proactive in seeking out tax-saving opportunities and to make informed financial decisions that can benefit their long-term financial health.
9 is too much, I would do My5
Premium Movie chaps. Can I claim my MFM credit?
Shaan >> Ramit
👍
What if all the 9 add each other?
Biiiiiiiiig title
Any guesses on number Andrew said? 3 mil?
you're not in the ballpark
@@moneywisebyhampton 30 or 20mil?
Premium Probate LLC
13 mins - antifragile
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IMO Martin was right down the line of this pod.
Schaub on the other hand FELT like a sellout, though I obviously can’t say that for sure. Maybe our boys just have bad tastes in comedy lol
This was the worst tax credit plan i have ever heard
Ramit vid was the first vid i’ve disliked on the pod, I couldn’t handle more than 7 mins of it. I’m glad Shaan didn’t watch either. 🌝
Why didn’t you like it ?
if anyone is looking to make a movie hit me up
I want RUclips Premium. Hope that's subtle enough for you 😊
@-ug6ih why you scamming broski?
Total geek fest.
Pretty awesome
Ramit recap
Everyone signing up to
Make movies
Incredible Story about Tiny
Unbelievable episode
More please! *premium*
Movie “Options Trading “ -BIHDLTM