Episode 6 of The Doctors and Dollars podcast: Dr Jason Yu is a Los Angeles based plastic surgeon who has just graduated from training. He tells the story about becoming a reluctant landlord. Covid has affected his rental property and his professional life. His tenant died of Covid and his new attending job is on hold till the pandemic calms down. His emergency fund and his wife’s job has stood him in good stead. Jordan and Vijay are also residents of high tax states and debate the wisdom of lost net worth from sky high state taxes. What is final the value of compounding the savings in taxes by living in a no-tax state?
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