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Finance

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Let your student debt ride….

November 17, 2020 Carpe Diem MD 3 Comments

Lauren and I both accumulated $300,000 in student debt on our path to becoming Physicians.   That is $600,000 of combined…

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Posted in: Finance
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Real Estate Alphabet Soup

November 13, 2020 Carpe Diem MD Leave a comment

Investing in real estate can feel a little overwhelming at times. In reality, it is similar to your first days…

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Posted in: Finance, Short-Term Rentals
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Semi-Retired MD Review Multifamily Investing

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If you are interested in multifamily investing (duplex, triplex, quad, apartment complexes) then the course for you is “Zero to…

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Posted in: Finance
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Mind Expanding Podcasts and Audible Books

October 29, 2020 Carpe Diem MD Leave a comment

During my Emergency Residency I commuted 75 miles each way to my hospital, for three years.  I had a Toyota…

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Posted in: Finance, Personal
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Cost Segregation and Bonus Depreciation

October 18, 2020 Carpe Diem MD 1 Comment

Cost Segregation combined with Bonus Depreciation is the key to maximizing tax savings… First, what is a Cost Segregation study?…

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Posted in: Finance, Short-Term Rentals
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Tax Benefits of Short-Term Rentals

Carpe Diem MD 6 Comments

Short Term Rentals (STRs) are the perfect investment vehicle for Physicians and other High-Income Earners who are interested in real…

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Posted in: Finance, Short-Term Rentals
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Real Estate Professional Status (REPS) What is it GOOD for?…….

Carpe Diem MD 1 Comment

Real Estate Professional Status aka REPS is a fantastic way for Real Estate Professionals to generate wealth while investing in…

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Posted in: Finance, Short-Term Rentals

Carpe Diem FIRE

October 11, 2020 Carpe Diem MD Leave a comment

Carpe Diem FIRE is for those of us that have already established our current lifestyle and are looking to retire…

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Posted in: Finance

Your Home is a Liability and an Asset…. Say What?

Carpe Diem MD 1 Comment

Robert Kiyosaki experienced some criticism for describing one’s home as a liability.  He classifies your home as a liability because…

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Posted in: Finance

15-year vs 30-year Mortgage vs The Compromise

October 10, 2020 Carpe Diem MD Leave a comment

15-year Mortgage The benefit of a 15-year mortgage is that you can secure a lower interest rate and pay off…

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Posted in: Finance

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