From High Income To High Net Worth For Dentists The Ultimate Guide(1st Edition)
Authors:
Dr. David Phelps
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Book details
ISBN: 0988674041, 978-0988674042
Book publisher: David Phelps International LLC
Book Summary: I was excited when I received the manuscript of this book to review. Private lending has created large amounts of wealth for many of my clients. Dealing with private money, as either the lender or the borrower, helped them grow their net worth so much faster and easier than if a bank had been involved. And private lending allowed them to survive “down” markets, when many people with bank financing go under. Single-family houses remain one of the safest investments out there, and this book shows how individuals can participate in ways that best suit their interests and abilities, very often with tax-free (or almost tax-free) cash flow and appreciation. This book also shines a spotlight on how government regulation and taxation are making it harder for an individual to create the wealth that will keep him or her from being dependent on government largess during retirement. If you are still wondering whether government actions are going to affect you, your retirement and your wealth, read Chapters 1 through 12 closely. If you already “get it” and are ready to implement ways to build wealth, start at Chapter 13, read through to the end and go right to work on building your own custom solution. The author who created this book doesn’t make his living writing books. I know—I’ve been his personal CPA for thirty years. Dr. David Phelps is a hard-working, insightful, experienced investor who is out there every day doing exactly what he teaches. I hope you enjoy and, most importantly, take action on the outstanding information in this book. John Groom, CPA AskJohnGroom.com
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