Join 20,000+ physicians on a journey to financial freedom.

PhREI Network Roundup 12-8-22: 3 Ways to Avoid Depreciation Recapture Tax on Rental Property

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

Carpe Diem MD

Using his own personal experience, Ian Cook of Carpe Diem MD outlines the three best smart thermostats in his opinion (Ecobee by Amazon, Nest by Google and Honeywell by Honeywell), and gives a summary of each one. Spoiler alert: he uses Ecobee!

Best Smart Thermostats for your Short-Term Rental

The Darwinian Doctor

Daniel Shin of the Darwinian Doctor gives three ways to avoid depreciation recapture tax on rental properties. The three options, you wonder? Here you go!

  1. Sell your property at a loss;
  2. A 1031 Exchange; or
  3. Keep your property until you die.

By the end of this post, you will understand depreciation, the depreciation recapture tax, and more about those three strategies to avoid this tax.

3 Ways to Avoid Depreciation Recapture Tax on Rental Property

The Prudent Plastic Surgeon

As you may or may not know, watching the stock market is one of the worst things you can do for your financial health. It doesn't matter whether the market is up or down – it is NOT good to watch constantly. I'll explain why it's not good to do, why it's so tempting to do it, and 10 things to do instead!

Top 10 Things to Do Instead of Watching the Stock Market

Love the PhREI network roundup? We have a bunch of ways for you to customize how you follow us!

Love the blog? We have a bunch of ways for you to customize how you follow us!

Join 20,000+ physicians on a journey to financial freedom.

Join The Prudent Plastic Surgeon Facebook group to interact with like-minded professionals seeking financial well-being

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 jordan@prudentplasticsurgeoncom.bigscoots-staging.com.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

March 15, 2021

Finance Flash Go! Episode #44: Understanding Growth vs. Value Stocks

On this episode of the Finance Flash Go! podcast, we cover growth versus value stocks. What in the world does that mean?! But before I

March 13, 2021

My Brother-in-Law Thinks He’s Smarter Than Me

An Alternative Road Map to Financial Freedom  Today’s post is a guest post from my brother-in-law Justin Twarog. Justin is a software engineer architecting and

March 12, 2021

Learn How to Set Your Financial Foundation!

This post is originally from Ian Cook of Carpe Diem MD, one of the founding members of the PhREI network! I really love this post!