We’ve been talking a ton this year about the tax reform package and I thought it was time to bring back our most popular guest of the last year. He is a Certified Tax Coach, CPA, Business Owner, and Former New York City Police Officer with 17 years' experience on the force. He was my guest on Season 3, Episode 9 The 3 Awesome Tax Deductions I Didn't Know. I know we’re going to learn a ton today as we dive into the changes and how they impact us. Please help me welcome back Craig Cody! In...

The last year we’ve spent a lot of time talking about real estate. But maybe you just don’t have the interest. You may want to get a higher return on your money than you can in a money market account or bank CD, but you don’t want to risk your savings in speculative investments and you don’t have time for real estate investing. You want to do something with your money but you don’t know what, so it’s just sitting in a non-performing bank account making next to nothing. Or maybe you have...

Welcome back to the Freedom Formula Physician's Podcast.  If you have been listening to me for the last year, or maybe you're brand new, what I'd like you to do is go back to the archives, and check out season 3, where I started going through this process of acquiring other assets, trying to create multiple income streams.  So this is the Quarter 4 2017 update.  I'm going to walk you through my highs, my lows, and talk through the specifics of these various ventures that I have. In this...

My name is Dave Denniston. Welcome back my friends to the latest episode of The FreedomFormula for Physicians Podcast. My friend, as you know, I am captivated by the idea of side hustles. I have this podcast ofcourse. I’m an author. I acquired a digital business earlier this year and now my wife and I aregetting into the land flipping business. You may think that’s crazy and that’s okay! I have someone here with me who is just as crazyas I am and we are going to dig in and find out why. Our...

There's been some BIG changes lately with taxes and they are likely to impact you in a big way! You may have heard of the tax reform package, called appropriately, The Tax Cut & Reform Bill. However, it may not be a win for everyone. Listen in to this podcast and discover why. There's a ton of numbers in this podcast! Check out the tables mentioned by clicking here. In this podcast, you will find... LOTs of numbers and calculations that may leave your head spinning What has changed and...

There have been some BIG changes lately with taxes and they are likely to impact you in a big way! You may have heard of the tax reform package, called appropriately, The Tax Cut & Reform Bill. However, it may not be a win for everyone. Listen in to this podcast and discover why. Also, make sure to check out the show notes by clicking here for the tables that we're going to discuss. In this podcast, you will find... LOTs of numbers and calculations that may leave your head spinning What...

Hello, my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast, the podcast dedicated to helping you slash your debt, slash your taxes, and live a liberated lifestyle. Well, check it out, new intro for the year!  Do you like it? Let me know, I would love to hear from you.  Here we are in the new year, and of course, this is a great time to set goals and create new visions for ourselves. In this podcast episode today, you will: Be...

There have been some BIG changes lately with taxes and they are likely to impact you in a big way! You may have heard of the tax reform package, called appropriately, The Tax Cut & Reform Bill. However, it may not be a win for everyone. Listen in to this podcast and discover why. In this podcast, you will find... A walk-through of the first two pages of 1040 LOTs of numbers and calculations that may leave your head spinning What has changed and what hasn't changed with the Tax Cut &...

Hello Friends!  Welcome back to the Freedom Formula for Physician's Podcast, the podcast dedicated to helping you slash your debt, slash your taxes, and live a liberated lifestyle. We also have the mission of trying to create a hundred new physician multi-millionaires.  Let's get right into it, shall we?  In this podcast you will: Determine if "Multiple Streams of Income" aligns with Dave's views on income and side hustles. Learn what side hustles Dave would add to his portfolio after reading...

Multiple streams of income? You must think I’m a bit nuts! I know how compressed your time is already. You barely have enough time to breathe- let alone manage another financial asset. You may have heard the concept of multiple streams of income through Robert Allen or Robert Kiyosaki. You may even like the idea. However, you may be feeling confused and unsure. You may wonder where to start. Here are some of the best ways that I’ve personally observed and experienced multiple streams of...

Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances. In S3, Episode 33, I mentioned some of my favorite podcasts for doctors. Our next guest is the heart and soul behind one of those podcasts. She is a pediatric gastroenterologist by day, and a podcaster, side-hustler, and mom by night. She developed The Hippocratic Hustle Podcast to create a space where women doctors can come together...

Hello friends! You may have heard me previously mention in the last couple of episodes that I am dealing with a bit of burnout. I need to re-energize, re-focus, and do what I need to do. As such--- this podcast is NOT going away. However, I'm not making new episodes for the next few months. Instead, we'll be re-playing old episodes. So, you'll still have content to consume and enjoy (albeit it's a bit old!!) In the meantime, I'd love to hear from you to know what I should talk about in the...

As the 2023 end approaches, I'll be sharing the results of my financial experiments---including how much I've spent, how much debt I owe, and where my money is going and updating you on my progress. In this episode, you will discover… How many properties did I sell and bought? Plans for Generation family properties The big revelation for my financial experiment this year Resources Mentioned in this Podcast:  Contact Dave: Year End Checklist: 2023 ‪833-343-2986 or (612)...

We all know that feeling. The stress of the day, the worries about what might happen tomorrow, and whether or not we're doing enough… it's hard to keep up with it all. Today, we'll talk about burnt out—and why it's so important to know if you are experiencing it. In this episode, you will discover… How do you assess yourself for burnout? The need to find a balance between work and life The importance of taking a break Resources Mentioned in this Podcast:  Website:...

Real estate is a fascinating industry to follow, because it's always changing. No matter what market you're in, you can always find new trends and new ways to make money in the field. And right now, the real estate world has some exciting developments that are attracting attention from investors across the nation. Let's take a look at what's attractive in real estate now with Paul Moore of Wellings Capital! In this episode, you will discover… The serious impact of rate caps In-depth...

When you're a physician, debt is inevitable. You have to borrow money for school, and then when you graduate, you have to borrow even more just to get your start-up funds in order. And then there are the loans that come with buying a house or paying for your car… The good news is that there are ways to pay off your high-interest debt! In this episode, I'll discuss some options and strategies for paying off your high-interest debt so that you can focus on what matters most: your...

It's time to get smarter about debt with this podcast episode! Today, I break down the difference between "good debt" and "bad debt", and outline what some of the best ways to tackle it are. Hopefully this will help you learn how to be responsible while managing your personal finances better. In this episode, you will discover… Why you should avoid bad debt at all costs? How to use good debt for building wealth? Resources Mentioned in this Podcast:  Contact Dave for a free...

Concerned you might be missing something before the end of the year? For example, have you been wondering how to lower your taxes? What if you could download a 2 page cheatsheet that could help guide you on how to do that?   Download our 2023 Year End Checklist to figure out the specific steps.   Just text CHECKLIST to 1-833-343-2986 and get your free copy!

So you've got a lot of debt. A lot. But you're ready to do something about it. You know that you can never pay off that debt all at once—So what's next? The Debt Snowball and the Debt Avalanche are two of the most misunderstood concepts in personal finance, but they're also two of the most important ones. In this episode, I’lll explain exactly what those terms mean, why they matter, and how to use them to get your finances back on track! Resources Mentioned in this Podcast: Contact...

The cost of a college education in the United States is astronomical, and if you're considering attending college, you may be worried about how you can afford it. That's not to mention the fact that statistics show that Americans now carry more student loan debt than ever before.  If this has been a struggle for you or you've just been curious about current student loan rates, here's what you need to know... In this episode, you will discover… The pros and cons of taking out a fixed...

Have you ever found yourself in these situations? You sell an investment for more than you originally purchased it for or, you sell investments at a loss than what you originally paid for them. What do you do with that tax loss? In this episode, you will discover… Detailed explanation about Tax Loss Harvesting When is tax loss harvesting not advisable? Investment techniques and strategies Resources Mentioned in this Podcast:  Contact Dave for a free 30mins strategy session:...

When does enough, become enough? Well, we all want more money. It's no wonder then that many of us chase the extra buck and get into speculative markets. Sometimes though, we need to stop for a moment and ask ourselves – when is enough, enough? In this episode, you will discover... When does the desire for more money lead to speculative investments and ultimately, financial ruin?   Resources Mentioned in this Podcast:  Contact Dave for a free 30mins strategy session: ‪833-343-2986 or...

Bonds pay you interest, and the longer the duration of the bond (the number of years until it expires), the higher the interest rate. In my opinion, if you've got a long time horizon—you can hold for at least 10 years—bonds can be one of your best assets in your portfolio. But here's the question: Are bonds attractive right now? Let me explain what I mean by that in this Episode... Resources Mentioned in this Podcast: Website: Locumstory.com  Contact Dave for a free 30mins strategy...

Justin Sliva and Dave discuss the remarkable journey that has led him to his current position as a real estate investor. Since 2016, Justin has been involved in transactions across 43 states, specializing in raw land. He has flipped properties from a $50.00 purchase price to projects that ran in the multiple seven figures. Now, we're excited to share this interview with Justin Sliva, in which he shares his insights on what it takes to succeed in this industry. Learn how he navigated...

We’re going to take you on a journey with JT, an all-around successful entrepreneur, tech enthusiast, and family man. JT embodies the spirit of an Arizona native and has built a life marked by dedication, adventure, and a deep sense of community rooted in his faith and family-centric upbringing as one of seven children. Today he will share how he became successful as an entrepreneur!   In this episode, you will discover… JT's venture before exploring the world of land investing. Why Dave...