Blog
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Commercial vs Residential Real Estate: Which Is Better?
Commercial vs Residential Real Estate: Which Is Better? If you’re a high-income professional stepping into real estate investing for the first time, then one of the first questions to ask is, “Is commercial or residential the best place to start?” Understanding how each type aligns with your financial goals is key, considering their risks, potential…
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A Dentist’s Take on Dave Ramsey’s Baby Steps
A Dentist’s Take on Dave Ramsey’s Baby Steps Dave Ramsey’s Baby Steps has really made a name for itself as a go-to personal finance framework in America. They lay out a structured, step-by-step guide about: getting your finances under control getting out of debt building up your wealth From the get-go, I saw the Baby Steps as…
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The Short-Term Rental Tax Loophole for W2 Earners Explained
The Short-Term Rental Tax Loophole for W2 Earners Explained Rather watch instead? Short-term rental properties have become a popular investment strategy in recent years. They offer unique tax benefits to help investors reduce their overall tax burden. This approach, sometimes called the short-term rental tax loophole, allows property owners to offset their rental income with real…
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Top 5 LLC Tax Loopholes Small Business Owners Should Know
Top 5 LLC Tax Loopholes Small Business Owners Should Know Small businesses are a cornerstone of the U.S. economy, driving nearly half of economic activity and creating millions of jobs. This has prompted the government to support them with various tax benefits, such as tax breaks, deductions, and credits. The Internal Revenue Code includes extensive…
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Solo 401k vs SEP IRA: Which Retirement Plan Is Better for You?
Solo 401k vs SEP IRA: Which Retirement Plan Is Better for You? Planning for retirement is a crucial step in securing your financial future, especially for doctors and other high W2 earners. If you’re self-employed, you may have additional options besides traditional employer-sponsored 401(k) plans. Understanding the various retirement plan choices can help you make informed decisions…
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How to Use the Augusta Rule for Tax-Free Rental Income
How to Use the Augusta Rule for Tax-Free Rental Income The U.S. tax code offers unique opportunities for those looking to optimize their tax positions (too bad they don’t teach us about that in school!). One such strategy is the Augusta Rule, which allows homeowners to generate tax-free income under specific conditions. This strategy particularly…
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How to Qualify for Real Estate Professional Tax Status
How to Qualify for Real Estate Professional Tax Status Have you ever heard of a high-income professional who pays little to no taxes? A big part of this could be the Real Estate Professional Status (REPS). This special tax status allows you to deduct depreciation (passive) losses from real estate properties against your W2 income…
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How Seller Financing Works in Real Estate Transactions
How Seller Financing Works in Real Estate Transactions Seller financing in real estate is an option that might be right for you if traditional mortgages aren’t a fit for your financial situation. This type of financing allows the seller to provide a loan directly to the buyer, making it easier for some people to purchase…
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How to Buy Commercial Property for Passive Income
How to Buy Commercial Property for Passive Income Commercial real estate can be a great investment, often offering better returns than residential properties (most people typically start off investing in single-family homes). However, even if you’re familiar with real estate investing, it’s important to know that buying commercial property is quite different from purchasing a…
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Private Equity in Dentistry: What Dentists Need to Know
Private Equity in Dentistry: What Dentists Need to Know The dental industry is undergoing a monumental shift, driven largely by the increasing presence of private equity firms. There’s not a week that goes by that I don’t receive an email or direct mail piece from a DSO wanting to buy my practice. From solo practice…
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How Much Does It Cost To Build a Apartment Complex? (2025)
How Much Does It Cost To Build a Apartment Complex? (2025) Building an apartment complex can be an exciting venture, especially in today’s high-demand housing market. It has the potential for significant rental income and a return on investment (ROI). However, it’s a complex process influenced by various factors that can significantly impact the total cost.…
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Commercial Real Estate Depreciation Explained
Commercial Real Estate Depreciation Explained For new investors stepping into commercial real estate, understanding depreciation is critical. This accounting tool offers substantial tax benefits and helps maximize your cash flow by allowing property owners to recover part of the cost of a property over its useful life. While depreciation might initially sound complex, it’s one…
