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!
The Darwinian Doctor
Daniel Shin of the Darwinian Doctor did some heavy reading so that you don’t have to. Thanks Dan! He details three huge lessons he learned from an even more huge tax book. Here they are:
- Employees have little ability to deduct expenses;
- As your income rises, your tax deductions are limited even more; and
- The tax code favors businesses and real estate investors.
3 Lessons I Learned From a Huge Tax Book
The Prudent Plastic Surgeon
How can doctors calculate their net worth? Easy:
Net Worth = Assets (Put Money in your Pocket) – Liabilities (Take Money Out of your Pocket)
But, there’s a lot more to it… so let me explain!
How Doctors Can Calculate Their Net Worth
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