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PhREI Network Roundup 1-7-21

As you know, as part of the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!

PhREI Network

Carpe Diem MD

Ian Cook of CarpeDiem MD explains how 2022 is the last year of 100% bonus/accelerated depreciation before it’ll start gradually fading out in 2023. Further, he describes why this is important, how maximizing your tax savings can be achieved, why material participation tests are important to STR investors, and much more!

2022 Is The Year Of The Short-Term Rental

The Darwinian Doctor

Daniel Shin of the Darwinian Doctor reports on his results after 3 months of physician coaching and gives a detailed review of the Alpha Coaching Experience. He explains how he believes this will help him in all of his business ventures, etc. In other words, he highly recommends it!

How Physician Coaching Changed My Life [Review of the Alpha Coaching Experience]

The Prudent Plastic Surgeon

Whether you’re new to personal finance or a seasoned investor, there are always steps you can take to set yourself up financially. So, I’ve come up with a 9 step financial checklist for the New Year to get you started on the right track! Here they are:

  1. Step up your financial education;
  2. Start or refine your budget;
  3. Optimize your 401k/403b;
  4. Rebalance your asset allocation;
  5. Make getting debt free a priority;
  6. Invest in the Backdoor Roth IRA;
  7. Review your protection;
  8. Update your written financial plan; and lastly,
  9. (Bonus!) Invest in real estate.

9 Step Financial Checklist for the New Year

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    The Prudent Plastic Surgeon

    Jordan Frey MD, a plastic surgeon in Buffalo, NY, is one of the fastest-growing physician finance bloggers in the world. See how he went from financially clueless to increasing his net worth by $1M in 1 year and how you can do the same! Feel free to send Jordan a message at [email protected]

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