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Blogger Profile


Dr. Linus

Blog Info

Name:
Dads Making Cents
Category:
General Finance
Tags:
Real Estate, Investing, Tax Planning
Start Year:
2018

Blogger Bio

Location:
Chicago, Illinois, United States
Age:
30s
Race:
Unspecified
Gender:
Unspecified
Life stage:
DIK (Dual Income, Kids)
Profession:
Physician
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Latest Blog Posts

The personal finance community loves to debate Rent vs. Buy and it’s a great debate to have because the process usually helps people discover and define their personal financial goals.  There’s no shortage of calculators out there (SmartAsset, NY Times, NerdWallet) to help you find the break-even point or cost difference based on your location... The post Rent vs. Buy – Ditch the Calculator appeared first on Dads Making Cents. ...
Posted: May 15 2018 @ 9:00 AM
The 2019 Masters raffle is officially live and I can think of no better time than now to talk about the Masters Exception.   IRC Section 280A(g)(2) completely blows my mind!  Basically, a bunch of rich Georgians convinced Congress to pass legislation that allows you to rent your personal residence up to 14 days a year without... The post House Hack §280 – Rent Your House from Yourself appeared first on Dads Making ...
Posted: May 14 2018 @ 9:00 AM
Hi all, I know the vast majority of us are not small business owners in the traditional sense, but with the new changes in the tax code thanks to the Tax Cut and Jobs Act (TCJA), it’s worth familiarizing yourself with the Qualified Business Income (QBI) deduction because it’s reach is much further than most... The post Qualified Business Income Deduction – What QBI are you talking about? appeared first on ...
Posted: May 11 2018 @ 3:59 PM
My previous post was a general overview of real estate crowdfunding and why some might consider it in their investment portfolio.  This post will take a deeper dive into the 3 platforms that I have invested in and talk about some future plans. I currently have 4 traditional real estate investments and those require continuous... The post How I Invested My Money in Real-Estate Crowdfunding appeared first on Dads Making Cents. ...
Posted: May 10 2018 @ 10:00 AM
Hi everyone, today I wanted to spend a little bit of time talking about the Tax Cut and Jobs Act; but instead of spending my time summarizing the Act’s content, I thought it would be more useful breaking down how the passage of this Act has not only provided an opportunity for income tax diversification... The post Tax Cut and Jobs Act – Last Chance to Tax Diversify? appeared first on ...
Posted: May 08 2018 @ 4:24 PM
Greetings all, Woodstock here. I’m a friend and business partner of Doctor Linus’ and will be a regular contributor to this blog.  My wife likes to joke that we were destined to be friends because Linus is the only person dumb enough to go along with my crazy investment ideas; but the reality is, I... The post New Partner In Crime – Woodstock appeared first on Dads Making Cents. ...
Posted: May 08 2018 @ 2:42 PM
Follow my blog with Bloglovin After my wife and I moved in together she found a box with 10+ credit cards in one of my drawers which really got her worried. She thought I had some secret credit card debt disaster that I hadn’t told her about.  Luckily the real story was quite the opposite While... The post My Credit Card Hustle: How I Made $5K in Med School with 20+ Credit ...
Posted: May 06 2018 @ 11:48 PM
“House Hacking” is something that is talked about by a number of personal finance bloggers.  The concept is to purchase a 2-flat house with a mortgage, live in one unit and rent out the other unit.  Depending on the circumstances, the rent from the one unit can end up paying a significant portion of the... The post House Hacking 2.0 – Another Way To Get Your Mortgage Paid appeared first on ...
Posted: May 05 2018 @ 4:13 PM
Over the past 5 years crowdfunded real estate investing has really taken off and billions of dollars are being poured in yearly.  The real question: is it a legitimate investing strategy or just a short-term crazy fad like bitcoin or beanie babies (yes I put bitcoin in the same bucket as beanie babies)? How Did... The post Is Crowdfunded Real Estate Investing Worth the Hype? appeared first on Dads Making Cents. ...
Posted: May 04 2018 @ 12:09 AM
Residents getting ready to start a new career are combing through and signing up for employer-based benefits.  Recruiters love to talk about the benefits offered with their packages and sometimes throw around numbers on how much they are worth.  Don’t get me wrong they definitely have monetary value but the question is how much? How Did We Get... The post What are your employer benefits really worth? It’s probably less than you think! appeared ...
Posted: Apr 28 2018 @ 1:20 AM

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