The Passive Income MD Podcast

In this episode, Peter sits down with Kim Hopkins and Laxman Pichappan of Doc Wealth to break down the difference between a tax preparer and a tax strategist. They cover what proactive planning looks like, the strategies available to W-2 and 1099 physicians, and the common mistakes that leave money on the table. If taxes feel like the biggest hole in your pocket, this conversation gives you a clearer way to start asking the right questions. Tune in! Doc Wealth brings this episode to you. Doc Wealth is a physician-founded tax firm serving thousands of physicians across all 50 states and every specialty. They handle the full picture, from proactive tax planning and filing to entity formation, payroll, and bookkeeping, with in-house attorneys, CPAs, and Enrolled Agents on staff.  Learn more about Doc Wealth! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter shares what he's been hearing from successful physicians, department chairs and section chiefs among them, who have a bigger role on the table and quietly wonder if it will make them any happier. He walks through why the top of the ladder can feel flat, what a long running Harvard study found about relationships, and the questions he'd ask before saying yes. If you're weighing the next job or promotion, this episode gives you a clearer way to decide on purpose. Tune in! 📌 Curious about Aspen Funds? Click here to learn more. 📌 Interested in InCrowd? Click here to sign up. 📌 Free physician side hustle summit, Nov 17 to 19. Click here to register. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter and five experts talk about why so many physicians earn well but still feel like they're not building anything on purpose. You'll hear how to figure out how much money you actually need, which tax strategies and retirement accounts you can still use before year end, and how to start buying back your time. If you're tired of paying too much in taxes, this one is worth your time. Tune in! Realberry brings this episode to you. Realberry is a Denver-based real estate investment, development, and management firm founded in 1991, with $3.4 billion in assets under management. Focused on long-term value creation, the firm builds, buys, and manages master-planned communities, hospitality, for-rent housing, and commercial/mixed-use properties. Its integrated platform handles acquisition, development, asset management, and operations in-house, and Realberry works alongside designers, planners, and community partners to create places people love. Through its sponsor-led investment platform, Realberry gives institutional and accredited investors access to real estate opportunities nationwide. Learn more about Realberry! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter takes the question he heard most at PIMDCON, is real estate still worth it right now, and puts it to three people who are actively in the deals: Dr. Larry Daugherty, Phil Copulsky, and Taylor Hawks. They break down active versus passive versus debt investing, why the market reset is creating opportunities, and the one question each of them would ask before handing money to a sponsor. If you've been sitting on the sidelines trying to decide whether to get back in or get in for the first time, this conversation gives you a clearer way to think about it. Tune in! Realberry brings this episode to you. Realberry is a Denver-based real estate investment, development, and management firm founded in 1991, with $3.4 billion in assets under management. Focused on long-term value creation, the firm builds, buys, and manages master-planned communities, hospitality, for-rent housing, and commercial/mixed-use properties. Its integrated platform handles acquisition, development, asset management, and operations in-house, and Realberry works alongside designers, planners, and community partners to create places people love. Through its sponsor-led investment platform, Realberry gives institutional and accredited investors access to real estate opportunities nationwide. Learn more about Realberry! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter moderates a panel of four physician entrepreneurs, Dr. Mark Allen, Dr. Bonnie Koo, Dr. Michael Fang, and Dr. Kenji Asakura, who share how they took their first steps outside clinical medicine and handled the risk that came with it. They get honest about building a personal brand, the AI skills every physician should start learning now, and why valuation matters as much as income. If you've been curious about building something beyond clinical work but aren't sure where to start, this panel makes that first step feel a lot smaller. Tune in! Realberry brings this episode to you. Realberry is a Denver-based real estate investment, development, and management firm founded in 1991, with $3.4 billion in assets under management. Focused on long-term value creation, the firm builds, buys, and manages master-planned communities, hospitality, for-rent housing, and commercial/mixed-use properties. Its integrated platform handles acquisition, development, asset management, and operations in-house, and Realberry works alongside designers, planners, and community partners to create places people love. Through its sponsor-led investment platform, Realberry gives institutional and accredited investors access to real estate opportunities nationwide. Learn more about Realberry! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter shares the three biggest things he personally walked away with after PIMDCON 2026, despite being the one who put the whole event together. He covers why physician branding matters more than ever, how treating AI like an employee instead of a search engine changes everything, and three specific tax strategies physicians still aren't using enough before year end. If you weren't able to make it to Dallas this year, this episode is as close as it gets to being in the room. Tune in! Realberry brings this episode to you. Realberry is a Denver-based real estate investment, development, and management firm founded in 1991, with $3.4 billion in assets under management. Focused on long-term value creation, the firm builds, buys, and manages master-planned communities, hospitality, for-rent housing, and commercial/mixed-use properties. Its integrated platform handles acquisition, development, asset management, and operations in-house, and Realberry works alongside designers, planners, and community partners to create places people love. Through its sponsor-led investment platform, Realberry gives institutional and accredited investors access to real estate opportunities nationwide. Learn more about Realberry! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter breaks down what happens when a friend's investment problem turned out to be a debt problem in disguise, and why borrowing money to invest changes the entire risk equation. He walks through the two questions almost nobody asks before taking on debt to fund an investment, who's actually making the payment, and who decides when that payment is due. If you've ever considered using margin, a HELOC, or a personal loan to get into a deal, this episode lays out exactly what can go wrong and when. Tune in! Interested in PIMDCON Virtual? Know more by clicking here. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter breaks down exactly where to keep money that has a deadline attached to it, using a real conversation with his own parents as the framework. He walks through why a normal checking account quietly costs you thousands a year, and lays out the actual tiers of options based on how fast you might need the cash, from high-yield savings accounts to T-bills to no-penalty CDs. If you're sitting on proceeds from a home sale, a practice buyout, or a down payment with an uncertain timeline, this episode tells you exactly what to do with it and what to avoid entirely. Tune in! Interested in PIMDCON Virtual? Know more by clicking here. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter sits down with Troy Eckard, a four-decade veteran of oil and gas, to answer the question most physicians never think to ask before writing a check into this space, how do you actually tell a legitimate operator from one that isn't. Troy breaks down the real mechanics behind mineral rights and working interest, why this might be one of the best buying windows in years, and the exact red flags that should make anyone walk away immediately. If oil and gas has always felt like a black box, this episode is less about whether to invest and more about how to protect yourself if you do. Tune in! Eckard Enterprises brings this episode to you. Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today's investment climate. Learn more about Eckard Enterprises! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Peter walks through a phone call with a friend who was about to sell a short-term rental and had never once thought about depreciation recapture, a bill that turned out to be bigger and more complicated than expected. He breaks down exactly how recapture is calculated, the part almost nobody catches involving furniture and appliances, and the real options for deferring or offsetting that tax hit. If you've used aggressive depreciation to lower your taxes now, this episode is about the bill waiting for you later. Tune in! Interested in PIMDCON? Know more by clicking here. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.