The Dentist Freedom Blueprint Podcast

This is the second part of my conversation with Marcus Crigler, founder and CEO of BEC CFO. This episode is can be listened to on its own, but I still recommend that you check out our previous episode because it has some great information. In this second part of the conversation, we focus on the differences between active and passive real estate investors, as well as the implications that has on your taxes.

I see a lot of confusion out there about who gets the tax benefits and how they work, so Marcus will be helping to clear that up for us. He will also be giving some great insight into what happens to those who can’t take the tax benefits today, what happens with losses when you are a passive investor, and much more. You will learn how to use your income and losses to work for you and get the best benefits from your investments.

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Minute Markers:

  • 2:41 – Tax benefits and preferences for a passive investor.
  • 4:25 – What happens with losses as a passive investor.
  • 7:29 – Can we take passive losses against our active earning income?
  • 8:11 – Something little known to many tax-payers.
  • 10:01 – What an active real estate investor can do that a passive one cannot.

Featured on the Show:

P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :

1. Schedule a Call with Me:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital, then click the link to schedule a quick call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to schedule a call with me directly. www.freedomfounders.com/schedule

2. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.

3. Ready to Step Away?

“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/training

4. Apply To Visit The Mastermind:

If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/step-1 to apply for a guest seat.

 

Want to know more about David and schedule him as a speaker or podcast guest? Go to doctorphelps.com to book David now.

 

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