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!
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!
Daniel Shin of the Darwinian Doctor teaches you how to calculate asset allocation as a real estate investor! He suggests using the market value method to calculate. Using this method, Daniel calculated his own asset allocation in real estate to be 80% – incredible!
As we all know, I’m a BIG advocate for the FIRE movement, most especially when it comes to doctors. Unfortunately though, I’ve had quite a few other physicians tell me that it’s their opinion that the FIRE movement will ultimately discourage doctors from practicing medicine. I disagree with that, though. So, read along to find out why!