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/Intro

01:51 Justin’s Background – Who is Avant Law and How Do They Help Doctors?

05:41 Process of Becoming a Lawyer

12:24 Difference Between a Commercial Lawyer and Corporate Lawyer

15:21 Understanding Employment Law

17:32 Other Branches of Commercial Law

20:20 How Lawyers Assist Doctors with Personal Legal Issues

23:23 Common Family Law Issues and the Role of Lawyers

25:43 Criminal Law and Its Implications for Doctors

27:34 Other Specialised Areas in Corporate and Commercial Law

29:02 Differences Between Tax Lawyers and Accountants

30:40 Attorney-Client Privilege and Confidentiality

32:49 Summary of the Different Branches of Law

33:12 How to Choose the Right Lawyer

36:45 Exclusive benefits for Avant members

42:00 Conclusion/Outro

-----

SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

https://www.linkedin.com/in/justin-fung-53a9647b/

https://avant.org.au/law

-----

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.

Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode, we’re once again joined by Nafees Huda, Chartered Accountant and Partner at KHI Partners,alongside financial expert Roger Wheelahan from Smart Start Financial, back together to demystify one of the most powerful (and misunderstood) tools in a doctor’s investment toolkit: the self-managed super fund (SMSF).

They break down why so many doctors rush into SMSFs without a clear plan, what a properly structured SMSF actually looks like, and how to invest in property through super without triggering tax or compliance headaches.

They also explore how doctors can use their SMSF to lease their own medical rooms, why the ATO holds you personally responsible for any missteps, and how having the right professional team can turn your super into a serious wealth-building strategy.

If you want to make smart financial decisions that could save you thousands in tax and set you up for a stronger retirement as a medical professional in Australia, then make sure to listen to this episode.

-----

TIME STAMPS:

00:00 Hook/Introduction

02:42 What is SMSF, and why is there an SMSF

06:54 Where to find the best advice for SMSF

09:04 Importance of a Financial Planner when setting an SMSF

10:33 Should and should not get an SMSF for

13:14 Using SMSF to invest in a property or the stock market

20:22 Structuring SMSF

28:18 Purpose of getting an SMSF

33:21 Case study

36:40 Importance of numbers

39:20 SMSF is a tax-privileged structure

43:19 Transferring assets into an SMSF

45:26 Conclusion/Outro

-----

SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

https://khipartners.com.au/

https://www.linkedin.com/in/nafees-huda-42671040/

https://www.linkedin.com/in/roger-wheelahan-8ba53149/
https://smartstartfs.com.au/

-----

LISTEN TO THE PODCAST:

Spotify: https://spoti.fi/3FoBRAy

Apple Podcast: https://apple.co/4iks50N

Amazon Music: https://amzn.to/3DoyJnP

-----

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.

Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode, we’re joined once again by estate planning solicitor Tyrone Dutt, who returns to unpack one of the most overlooked risks in estate planning: what happens when you lose the ability to make decisions, but you’re still very much alive.

Tyrone explains why your Will can’t protect you in these situations, how enduring powers of attorney and guardianship actually function, and the serious legal and financial consequences of choosing the wrong person to act on your behalf.

We also cover what happens when assets are sold during incapacity, how estate plans can quietly unravel, and what doctors need to know to avoid family disputes and irreversible mistakes.

If you care about protecting your independence, your wishes, and your estate, make sure to listen to this episode!

----

TIME STAMPS:

00:00 Hook/Intro

01:13 What happens when you're not quite dead but can't make decisions?

02:39 Testamentary Capacity

03:48 Capacity Check on a Client

05:18 Power of the Attorney

07:04 Temporary and Permanent Incapacity

11:58 Guardianship

14:53 Appointing the right people

22:34 Advance healthcare directives

27:32 Following Advance healthcare directives

29:25 Conflict in the Law

35:06 Estate planning should be tailored

37:30 Lifestyle wishes and financial wishes conflict

39:28 Guardianship tribunal

42:30 Capacity issue of the will

45:30 Conclusion/Outro

-----

SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

https://empire.law/

https://au.linkedin.com/in/tyronedutt
https://www.facebook.com/3mpireLaw

-----

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.

Join 26,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode, we’re joined by Nafees Huda, a Chartered Accountant and Partner at KHI Partners, and Alissa Child, Director and Finance Broker at Two Birds One Loan.

They talk about why many doctors hit a borrowing ceiling after a few properties, the dangers of poor structuring, and how the right setup can preserve borrowing capacity for future investments.

They also discuss what makes a trust self-sufficient, how bucket companies can be used as a family bank, and why a long-term strategic plan is essential for doctors building serious wealth.

If you want to grow your property portfolio without getting stuck or paying more tax than you need to, make sure to listen to this episode!

-----

TIME STAMPS:

00:00 Intro/Hook

01:17 Nafees and Alissa's Background

05:07 Initial Property Loans and Long-Term Goals

08:46 Setting Up the Right Entities

12:44 Borrowing Capacity and Structuring Strategies

15:36 Trusts and Company Structures for Property Investments

22:09 Capitalise the Trust and Depreciation, and Non-Concessional Contributions

25:31 Trust is Self-Sufficient Letter of Accountant

28:38 Borrowing More Money

31:55 Market Company Trust

33:56 Borrowing from a Company

34:51 Bought a Property in a Company

38:22 Borrowing Within a Trust or a Company

41:20 Lease Stock and Commercial Property Investments

46:38 Conclusion/Outro

-----

SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

https://khipartners.com.au/

https://www.linkedin.com/in/nafees-huda-42671040/

https://www.twobirdsoneloan.com.au/

https://www.linkedin.com/in/alissa-childs-8816777a/?originalSubdomain=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.

Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode of the Investing for Doctors Podcast, join me, Dr Bi Mian, as I sit down with Tuan Duong from Duo Tax to discuss how property valuations, when done right, can become a strategic tool to help doctors reduce tax, protect wealth, and make smarter property decisions.

Tuan talks about why getting a valuation at the exact time of changing a property's use could save you thousands in CGT, how to navigate family property transfers without falling into legal traps, and the biggest misconceptions doctors have about "fair market value."

If you want to avoid costly valuation mistakes, use tax law to your advantage, and build long-term property wealth with confidence, then make sure to listen to this episode!

-----

SHOW NOTES LINKS

https://ifdgroup.com.au/duotax

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

Tuan’s Links

https://duotax.com.au/

https://www.linkedin.com/in/duoquantitysurveyors/

https://www.instagram.com/duotaxqs/

https://www.facebook.com/duotax

https://www.tiktok.com/@duo_tax

-----

LISTEN TO THE PODCAST

LISTEN TO THE PODCAST:

Spotify: https://spoti.fi/3FoBRAy

Apple Podcast: https://apple.co/4iks50N

Amazon Music: https://amzn.to/3DoyJnP

-----

FIND US HERE

Website: https://ifdgroup.com.au/

Facebook Group: https://www.facebook.com/groups/investingfordoctors

Facebook Page: https://www.facebook.com/investingfordoctors

-----

TIME STAMPS

00:00 – Introduction

01:30 – Thresholds and Unrealized Gains

03:15 – SMSF Investing Trends

05:00 – Leveraging SMSF for Property Purchase

07:45 – Depreciation and Valuation Reports

09:30 – Private Valuers vs. Bank Valuations

12:00 – Land Tax Objections

14:30 – Utilisation of Valuation Services

17:00 – Interaction with ATO and State Revenue Offices

19:15 – Construction Valuations and Quantity Surveyors

22:00 – Differences Between Valuers and Quantity Surveyors

24:30 – Challenges in Valuing Unique Properties

26:00 – Conclusion and Future Discussions

-----

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.

Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode of the Investing for Doctors Podcast, we sit down with Alissa Childs from Two Birds One Loan to discuss how doctors can navigate lending and borrowing during major life changes, such as starting a family, returning to study or switching careers.

We talk about why being newly self-employed doesn’t have to ruin your chances of getting a loan, how specialist medical lending teams in banks can offer doctors more flexibility than standard brokers ever could, and the main reason many doctors wrongly believe they need two years of tax returns before they can borrow.

We also discuss how starting a family and parental leave can significantly impact your serviceability, the unexpected role of private school fees in determining your borrowing power, and MORE.

If you want to make smart, strategic lending decisions as a doctor, no matter what life throws at you, then make sure to listen to this episode!

-----

SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

Alissa’s Links

https://au.linkedin.com/in/alissa-childs-8816777a

https://www.twobirdsoneloan.com.au/

https://www.facebook.com/twobirdsoneloan

https://www.instagram.com/twobirdsoneloan/

http://www.linkedin.com/company/two-birds-one-loan

-----

LISTEN TO THE PODCAST:

Spotify: https://spoti.fi/3FoBRAy

Apple Podcast: https://apple.co/4iks50N

Amazon Music: https://amzn.to/3DoyJnP

-----

FIND US HERE

Website: https://ifdgroup.com.au/

Facebook Group: https://www.facebook.com/groups/investingfordoctors

Facebook Page: https://www.facebook.com/investingfordoctors

-----

TIME STAMPS

00:00 – Intro: Why Doctors Struggle With Borrowing Despite High Incomes

02:25 – Maternity Leave & Part-Time Work: How Banks Really View It

06:12 – Planning Ahead: Get Pre-approval Before You Go On Leave

09:45 – The Impact of Returning to Work Slowly (1-2 Days/Week)

11:50 – Parental Leave Structures: How to Prove Your Return to Income

20:10 – How Equity Release Can “Remove” School Fees From Your Expenses

23:50 – $330K Equity Release Case Study for Twins at Private School

28:22 – Can You Borrow to Fund a Fellowship or PhD? (The Honest Answer)

30:40 – PhD Stipends Are Tax-Free… but Don’t Count as Income?!

36:10 – Mainstream vs Non-bank Lenders: Who’s More Flexible?

38:30 – Why You Should Never Take the First “No” From a Bank or Broker

40:00 – Community Wisdom: How 27,000 Doctors Are Helping Each Other Navigate Finance

42:00 – Final Thoughts: Plan Ahead, Know the Rules, Beat the System

-----

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.

Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode of the Investing for Doctors Podcast, we sit down with financial expert Roger Wheelahan to discuss the real role of financial advisors and why many people misunderstand or mistrust the financial planning industry.

We talk about why the common belief that you can “just use a brokerage account” is misleading, how the flat-fee model provides more value than traditional percentage-based fees, and the crucial difference between an advisor who sells products and builds a holistic financial blueprint tailored to your life.

We also discuss how poor advice can cost you thousands (including how Roger saved someone from a $100,000 scam), the tax traps hiding in superannuation inheritance, and the overlooked value of having a financial “family coach” who can navigate everything from property structuring to estate planning.

If you want to understand the hidden value a good advisor brings and learn how to future-proof your wealth across life stages, then make sure to listen to this episode!

-----

SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

Roger Wheelahan’s Links

https://www.linkedin.com/in/roger-wheelahan-8ba53149/
https://smartstartfs.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

-----

TIME STAMPS

00:00 - Intro

01:19 - Roger's Background

02:15 - Debunking Financial Myths and Misunderstanding

04:41 - The Ethics of Commissions in Insurance

08:59 - Hidden Incentives in the Finance Industry

12:17 - Trust, Regulation & How to Research Your Advisor

14:57 - The Value of Long-Term Advice & Education

17:14 - Why Some Advisors Recommend Moving Your Super

22:20 - Case Study: Helping a Client

26:27 - Research Your Financial Adviser

29:56 - Client's Complaint

32:43 - Tax Deductibility of Financial Advice

36:49 - Critiques of the Industry & Churning Practices

38:43 - Conclusion

-----

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.

Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode of the Investing for Doctors Podcast, we sit down with estate planning solicitor Tyrone Dutt to unpack one of the most misunderstood areas of wealth protection — what actually happens to your assets when you die.

We dig into the critical documents every medical professional needs but most don't have — wills, enduring guardianships, binding death benefit nominations — and how your family could end up fighting in court if you get this wrong.

We cover the key estate planning mistakes doctors make, the legal traps hiding in your superannuation, and why relying on your will alone might not be enough to protect your loved ones.

You’ll also learn how blended families, second marriages, and dependents from different relationships can complicate even the simplest estates — and how to bulletproof your plan before it’s too late.

If you're building wealth but haven’t thought about what happens after you're gone — this episode is your wake-up call!

-----

TIME STAMPS:

00:00 – Hook/Intro

01:20 – Why Estate Planning is a “Gap” for Doctors

03:00 – What is a Will (and what it doesn’t cover)

05:25 – Enduring Guardian vs Power of Attorney

08:15 – The Documents Every Doctor Needs

11:00 – Why Your Will Doesn’t Control Your Super

14:30 – The $2M Insurance Trap in Super Funds

17:05 – Who Actually Gets Your Super When You Die?

19:10 – How Blended Families Complicate Everything

21:40 – Common Misconceptions About Binding Death Nominations

24:25 – Why Some Super Funds Don’t Let You Nominate Parents

26:30 – Tax Consequences of Poor Estate Planning

29:00 – Structures to Minimise Risk and Maximise Certainty

32:20 – Why Every Doctor Needs This Conversation

34:10 – Teaser: Incapacity Documents in the Next Episode

35:00 – Outro & Disclaimer

-----

SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://empire.law/

https://au.linkedin.com/in/tyronedutt
https://www.facebook.com/3mpireLaw

-----

LISTEN TO THE PODCAST:

Spotify: https://spoti.fi/3FoBRAy

Apple Podcast: https://apple.co/4iks50N

Amazon Music: https://amzn.to/3DoyJnP

-----

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.