Doctors, the main purpose of this podcast is to help you build wealth inside and outside of your practice so that you have consistent cash flow for generations to come.

You don't want to miss opportunities to increase your financial knowledge and what a great way to do so, "on your time," by listening to these podcasts.

Join us with guest CPA, Lloyd Ippolito as we discuss ways to save taxes and also through investing in real estate as a way to diversify and bring tax advantages along the way.

If you are a physician that is a W-2 employee or a business owner with your own practice, Lloyd Ippolito, CPA, and Kevin Sullivan, AIF® discuss ways in which you both can invest and save taxes.

Some questions from the podcast:

1. It's been said that the quickest way to wealth is to save money in taxes......

2. Lloyd, In light of tax savings, talk about the doctor that is a W-2 Employee versus a doctor that is self-employed in their own practice......

3. Let’s talk real estate for a moment.....
We often hear the words “financial freedom” when people discuss investing in real estate.......

b. If doctors would like to build wealth using real estate, what kind of tax advantages would that bring to the table?

c. Give me an example of how taxes could be reduced, how depreciation would work and potential appreciation in the property and how that plays out over time with real estate.

4. If doctors are working in an office building that they own, should they own the building in their own name, or in the same business name they run their practice out of, or should they have that building in a separate LLC?

5. What if a doctor has more than one real estate property.......?

Lloyd Ippolito, CPA - Master Tax Services LI, LLC
Tom Wheelwright, CPA
Wealthability Site

PODCAST INFO

Kevin R Sullivan, AIF® - Founder - Wealth Advisor, and the host of this podcast
K D Sullivan Wealth Strategies.
112 Clinton Ave.
Winslow, ME 04901

Email: kdsullivan@lpl.com
Contact: 716-970-4448

Got questions?
Click here for a complimentary discussion or virtual meeting.

For more information on wealth strategies and other concierge services, visit: www.kdsullivanwealthstrategies.com


Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.

The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

Doctors, have you sold a practice in the past? Will you need to sell in the future?
Personal Injury, Dr. Lori Bents, of Marshfield, Wisconsin, has in the past and will do again in a few years. This important interview will showcase both past and future.
See and hear what went well and what didn't go so well in her prior sale of her practice in Newport News, VA and her plans moving forward in a few years to again sell.

These discussions are intended to get you thinking of your own situation and how you'll respond to your sale at some point in the future.
Having a proper business valuation will help you:
1. Establish your baseline,
2. Benchmark against your peers
3. Provide key areas of focus that you can use for growth to maximize your value BEFORE you transition.
4. A proactive value to let you see where you stand not just where you think you stand.

We're here to make a difference and to help in this way:
Contact us at: kdsullivan@lpl.com for a complimentary business valuation overview and checklist

PODCAST INFO

Kevin R Sullivan, AIF® - Founder - Wealth Advisor, and the host of this podcast
K D Sullivan Wealth Strategies.
112 Clinton Ave.
Winslow, ME 04901

Email: kdsullivan@lpl.com
Contact: 716-970-4448

Got questions?
Click here for a complimentary discussion or virtual meeting.

For more information on wealth strategies and other concierge services, visit: www.kdsullivanwealthstrategies.com


Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.

The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

"Perspective is the glue that holds investment behavior together."
(Kevin Sullivan)

My guest Don Connelly is no stranger to wealth advisors all over the world with his 56 years of experience as and advisor, manager, spokesman for one of the largest money managers in the world, and coach, providing insights that are unparalleled in the industry. At age 77, he is still going strong.

He interviews top advisors from all over the world and provides insights that he finds from those elite professionals. Advisors that have $7 billion of assets under management with minimum account sizes of $10 million, is just one example.

He's been an inspiration to me in my 34 year career and for decades, I have followed Don, and seen him at many conferences. So since the advisor community knows who he is, I thought you as a doctor should know who he is also!

He has spoken all over the world to almost every investment firm, great and small. He travels throughout the US providing timely insights for advisors to use with their clients. I know what he has to say to us, and wanted him to share some comments directly to you also!

It's impossible for you to ever look at building and maintaining wealth the same way once you hear his simple analogies that will totally change your outlook.

If you take what he says to heart, there is no doubt your financial goals will benefit from it.

PODCAST INFO

Kevin R Sullivan, AIF® - Founder - Wealth Advisor, and the host of this podcast
K D Sullivan Wealth Strategies.
112 Clinton Ave.
Winslow, ME 04901

Email: kdsullivan@lpl.com
Contact: 716-970-4448

Got questions?
Click here for a complimentary discussion or virtual meeting.

For more information on wealth strategies and other concierge services, visit: www.kdsullivanwealthstrategies.com


Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.

The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.