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Welcome to the blog!
A repository of articles about things doctors didn't learn in medical school, covering side gigs, finances, the business of medicine, life in medicine, and more. These resources are intended to take a deeper dive into specific topics referenced in our educational pages.
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How to Put Your Rental Property Into an LLC
How to put your rental property into an LLC, taking into consideration financing, local and state laws, accounts, and documentation to ensure you stay protected
Donor Advised Funds for Charitable Giving: Pros, Cons, Taxes, and More
Why using a donor advised fund for your charitable giving may be tax-advantaged, how to set up & maintain one, related rules, & how it differs from a foundation
Do You Need To Put Your Rental Property in an LLC?
Pros and cons of putting your rental property into an LLC, as related to asset protection & liability, privacy, financing, taxes & accounting, & estate planning
The VC Fund Life Cycle: Understanding the Stages of Venture Capital Investments
Life cycle of a venture capital (VC) fund, including fundraising, picking investments, supporting companies, & final distributions of money back to investors at exit
Should You Buy Annuities, and Are They Good Investments?
What annuities are, pros and cons, whether they are good investments, when to be careful & when they make sense, common types, taxation, asset protection, & more
Retirement Account Options for Self-Employed and 1099 Individuals
Tax-advantaged retirement account options for 1099 & self-employed individuals include IRAs, solo 401(k)s, SEP IRAs, & defined benefit plans; what to know about each
Backdoor Roth: Frequently Asked Questions and Issues
Answers to commonly asked questions with the Backdoor Roth such as taxes on interest accrued before conversion, delays, & mistaken direct Roth contributions requiring recharacterization
Red Flags When Picking or Working with a Financial Advisor
Red flags to run away from when picking with or working with a financial advisor to protect against non-fiduciary bad advice, hidden fees, and conflicts of interest
Investing in Gold: Pros, Cons, and Getting Started
A primer on investing in gold, including why the commodity holds value & what determines changes in price, pros and cons, & how to invest in gold in different ways
Trump Investment Accounts for Children: What You Need to Know
Details about the new Trump accounts for children, what advantages & limitations are for saving & investing on behalf of your kids, when it may be a good idea, & alternatives to consider
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