This One Clause Could Kill Your Multi-Million Dollar Practice Exit | Ep. 32
Join 28,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors -----In this episode, we’re joined by Justin Fung, Head of Commercial & Corporate and General Manager at Avant Law. Justin has advised countless doctors on how to scale, structure, and sell their medical practices while avoiding the legal traps that often surface too late, when someone wants to exit.Justin breaks down why outdated shareholders agreements are one of the biggest risks to your future exit, how practices fall apart during sale negotiations due to unclear valuation and partner misalignment, and why legal documents should evolve with your business, not sit in a drawer for 20 years.He also explores the most common payroll tax and employment law issues in medical practices, how to structure buy-ins for new doctors without triggering disputes, and what corporate buyers look for when acquiring a clinic. From clean contracts to proper governance and clear succession plans.If you want to protect your equity, scale your practice with confidence, and avoid legal disasters that could kill your exit strategy, then make sure to listen to this episode.-----TIME STAMPS:00:00 Hook/Intro01:28 Guest Background02:01 Buying and Selling a Practice03:18 Process of Cardiologist setting up a Practice04:48 Engagement of a Lawyer when setting up a Practice07:29 Exercising your Option09:02 Engagement of a Lawyer when Buying a Practice10:11 Shareholders Agreement13:31 Employment Law18:11 Two forms of Contractor22:56 Employment Arrangements25:07 Difference between Constitution and Shareholders Agreement34:36 Structure Valuation38:45 Process of a Big Corporate Buying a Practice50:18 Process of Buying Other Practice52:27 Conclusion/Outro-----SHOW NOTES LINKShttps://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bihttps://www.linkedin.com/in/justin-fung-53a9647b/?originalSubdomain=auhttps://avant.org.au/law-----LISTEN TO THE PODCASTSpotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast -----FIND US HEREWebsite: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors -----DISCLAIMERThe information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
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The TRUTH About Labor’s $3M Super Tax That Most Doctors Don’t Understand | Ep. 31
Join 28,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors -----In this episode, we’re joined by Munzurul Khan, Principal, Founder and Chair of KHI Partners, and Rich Harvey, CEO & Founder & Buyers Advocate of Propertybuyer. Two of Australia’s most respected voices in strategic wealth and property investment.Munzurul and Rich break down the proposed $3 million super cap, including what most professionals misunderstand about “unrealised gains,” why it’s not as scary as it sounds, and how the mechanics of the tax actually work (hint: it’s not a blanket 30% on your asset growth). *Please note that the proposed changes have not been passed into legislation yet and could be subject to change.They also unpack the next phase of the property cycle, why interest rate cuts could trigger a major buying opportunity, and how high-income professionals can protect, and even grow their wealth inside SMSFs, despite legislative uncertainty.If you want to stay calm, invest smart, and make confident decisions about your super and property strategy in 2025 and beyond, make sure to listen to this episode.-----TIME STAMPS:00:00 Intro/Hook02:03 Interest Rate Cuts and Their Economic Impact09:53 International Relationship Impact on the Economy16:53 Affordability in Homes18:45 Impact of Social Media in Investing20:44 Labor's Proposed Legislation on Superannuation Assets27:48 The Complexity of Taxing Unrealised Gains37:19 The Role of Legislation and Policy in Investment Decisions43:18 The Future of Property Investment and Economic Stability47:28 Conclusion/Outro-----SHOW NOTES LINKShttps://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bihttps://www.linkedin.com/in/munzurul-khan-7ba6a318https://khipartners.com.au/https://www.linkedin.com/in/sydney-buyers-agent/https://www.propertybuyer.com.au/-----LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast -----FIND US HEREWebsite: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors -----DISCLAIMERThe information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
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The TRUTH About Commercial Property Loans for Doctors in 2025 | Ep. 30
Join 28,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors -----In this episode, we’re joined by Eloise Dooley, Director and Finance Broker at Two Birds One Loan, and the lending partner for the IFD Group. Eloise has helped hundreds of doctors navigate the complex world of commercial finance, from practice purchases to portfolio expansion, by teaching them how to borrow strategically and avoid unnecessary risk.Eloise breaks down why most doctors get rejected for commercial property loans, how treating them like residential loans leads to missed approvals, higher interest rates or signing contracts without secured finance, and why your personal servicing position often plays a smaller role than you think.She also explores the key differences between Full Doc and Lease Doc loans, how lender appetite changes based on asset type and location, and why your approval often depends on lease strength, deposit structure and the story you present.If you want to avoid the most common lending mistakes doctors make, structure your next deal with confidence and protect your borrowing power for the long term, then make sure to listen to this episode.-----TIME STAMPS:00:00 Hook/Intro01:43 Elouise Dooley's Background and Commercial Lending Basics07:28 Full Doc vs Lease Doc Loans17:53 Navigating Commercial Lending Processes24:02 Choosing the Right Lender and Managing Risks32:30 Annual Reviews and Loan Rollovers37:37 Conclusion/Outro-----SHOW NOTES LINKShttps://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bihttps://www.linkedin.com/in/elouisehaynes/https://www.twobirdsoneloan.com.au/----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
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42 Minutes to Smarter Tax Moves Before EOFY 2025 | Ep. 29
Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors -----In this episode, we’re joined by Munzurul Khan, Principal, Founder and Chair of KHI Partners, one of Australia’s most trusted accounting and advisory firms for medical professionals specialising in tax planning, investment structuring, and strategic wealth advice for doctors across all career stages.Munzurul breaks down why most doctors are quietly overpaying tax each year without realising it, how missed timing, not missed deductions, is the real danger before June 30, and why good tax planning has less to do with your accountant and more to do with your actions now.He also explores when to prepay vs. delay, how to maximise super contributions without locking yourself out later, and the real cost of saying “yes” to tax-deductible expenses you didn’t actually need.If you want to stop giving away money to the ATO, make smarter EOFY decisions, and build a financial plan that aligns with your long-term goals as a doctor, then make sure to listen to this episode.-----TIME STAMPS:00:00 Hook/Intro01:21 Introduction of Guest01:45 Things you need to do before taking over the next Financial Year02:40 Deductions for Individual Tax Returns06:13 Investment Property and Deductions12:19 Superannuation Contributions and Strategies15:48 Legislative Changes and Future Planning20:31 Substantiation and Audit Preparation25:28 Timing and Permanent Differences in Tax Planning35:01 Continuous Tax Planning and Accountant Relationships38:07 Final Advice and Recommendations/Outro-----SHOW NOTES LINKShttps://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bihttps://www.linkedin.com/in/munzurul-khan-7ba6a318https://khipartners.com.au/----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
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Your Biggest Legal Risk Isn’t Malpractice, It’s THIS | Ep. 28
Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors -----In this episode, we’re joined by Justin Fung, General Manager and Head of Commercial and Corporate at Avant Law, one of Australia’s leading healthcare-focused law firms, designed to support doctors through every stage of their professional journey from setting up a practice to planning an exit.Justin breaks down why malpractice isn’t the legal risk that catches most doctors off guard, how lease terms, business structures, and partnership agreements can quietly cost you six figures, and what a healthcare-savvy lawyer can offer that a generalist simply can’t.He also explores how to approach practice sales the right way, why employment disputes are becoming more common for doctors in private practice, and how to find a legal partner who understands the medical landscape and can grow with your business.If you want to protect your practice, avoid preventable legal mistakes, and build a future-ready medical business with confidence, then make sure to listen to this episode.-----TIME STAMPS:00:00 Hook/Intro01:51 Justin’s Background – Who is Avant Law and How Do They Help Doctors?05:41 Process of Becoming a Lawyer12:24 Difference Between a Commercial Lawyer and Corporate Lawyer15:21 Understanding Employment Law17:32 Other Branches of Commercial Law20:20 How Lawyers Assist Doctors with Personal Legal Issues23:23 Common Family Law Issues and the Role of Lawyers25:43 Criminal Law and Its Implications for Doctors27:34 Other Specialised Areas in Corporate and Commercial Law29:02 Differences Between Tax Lawyers and Accountants30:40 Attorney-Client Privilege and Confidentiality32:49 Summary of the Different Branches of Law33:12 How to Choose the Right Lawyer36:45 Exclusive benefits for Avant members42:00 Conclusion/Outro-----SHOW NOTES LINKShttps://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bihttps://www.linkedin.com/in/justin-fung-53a9647b/https://avant.org.au/law-----LISTEN TO THE PODCASTSpotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast -----FIND US HEREWebsite: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors -----DISCLAIMERThe information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
Welcome to the Investing For Doctors podcast. Here we talk about personal finances, investing, wealth creation, accounting, and personal development that will aid you in your life journey as a doctor.Please note that the information provided in this podcast is for educational and entertainment purposes only. The content should not be considered as financial advice and your personal situations have not been taken into account. Before making any financial decisions, we strongly recommend consulting with the relevant professional(s).
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