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PracticeCFO is committed to providing customized financial advice to dental practices and their owners. Below are our recent posts designed to keep you in-the-know.
The DIY Trap: Why Doing Everything Yourself Is the Most Expensive Decision in Your Dental Practice
There is a story most dentists tell themselves about why they do everything themselves. It sounds like this: "I have high standards. I know how I want things done. If I hand it off, it won't be done the way I'd do it." That's not a character flaw. That's the same drive that built a […]
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The Time Value of Tax Deductions: Why When You Take Them Matters as Much as Whether You Take Them
There is a concept that runs through every episode of The Dental Boardroom's cost segregation series — and it is one that most CPAs never make explicit. The goal of cost segregation, bonus depreciation, and the grouping election is not simply to reduce your taxes. It is to control when you pay them. In Episode […]
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The Grouping Election: Five Benefits and Six Risks Every Dentist Building Owner Needs to Understand
The Five Benefits 1. Your Building Losses Become Usable Immediately Without grouping, losses from your building LLC are classified as passive under the self-rental rules. Passive losses cannot offset your W2 or K-1 income from the dental practice — they get suspended in a carry-forward account until your building generates taxable profit. With grouping, those […]
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Why Your Building Losses Are Getting Trapped — And the One Election That Fixes It
You bought a building. You commissioned a cost segregation study. You generated a $300,000 loss in year one from bonus depreciation. And then your CPA told you that you cannot use it to reduce your W2 or K-1 income from the dental practice. If that has happened to you, or if you want to understand […]
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Cost Segregation for Dentists: Reduce Taxes the Smart Way
Every dentist wants to reduce taxes, but not at the cost of confusion or risk. That is where cost segregation becomes interesting. It is often talked about as a powerful strategy, but rarely explained in a way that feels clear, practical, and easy to apply in real life. Most dentists hear about it in passing, […]
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How Dentists Should Structure Practice and Real Estate Rights
There comes a point in every successful dental career where the focus quietly shifts. It is no longer just about patient flow, production numbers, or upgrading equipment. It becomes about something deeper and more strategic, how everything is structured behind the scenes. Because what most dentists eventually realize is simple but powerful. You can work […]
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The $250K Mistake Dentists Make When Buying a Building
There’s a moment every dentist looks forward to, and it feels like a real milestone in your career. You finally step into ownership, not just of your dental practice, but of the building itself. No more rent payments going to someone else. No more uncertainty about lease renewals or rising costs dictated by a landlord. […]
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Depreciation Recapture and 1031 Exchange for Dentists Guide
Most dentists think about buying a building as a long-term win. They focus heavily on location, patient flow potential, loan approval, and monthly payment comfort. At the beginning, everything feels structured and predictable, and the decision seems like a clear step toward financial stability. The excitement of owning real estate attached to a thriving practice […]
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S Corp vs Real Estate LLC Structure for Dental Practice Owners
Most dentists enter ownership with a simple belief: work harder, produce more, and financial success will naturally follow. The schedule fills up, production grows, and collections improve, yet something still feels off when looking at personal wealth. Even high-income dentists often find themselves asking why net worth is not growing at the same speed as […]
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