PhREI Network Roundup 8-22-24: 3 Lessons I Learned From a Huge Tax Book

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

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:

  1. Employees have little ability to deduct expenses;
  2. As your income rises, your tax deductions are limited even more; and
  3. The tax code favors businesses and real estate investors.

3 Lessons I Learned From a Huge Tax Book

The Prudent Plastic Surgeon

If you’ve been following me for some time now, you’re likely aware that I love reading books in general, but especially about finance. So, I decided to share my top 5 favorite personal finance books with you all:
  1. “The Millionaire Next Door” by Thomas Stanley and William Danke;
  2. The Bogleheads' Guide to Investing by Mel Lindauer, Tyler Larimore, and Micheal LeBoeuf;
  3. “Rich Dad, Poor Dad” by Robert Kiyosaki;
  4. “A Random Walk Down Wall Street” by Burton Malkiel; and
  5. “The Millionaire Real Estate Investor” by Gary Keller.

My Top 5 Favorite Personal Finance Books

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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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