Doctors Building Wealth
Doctors Building Wealth is for physicians drowning in student debt and working endless hours, wondering if your medical career will ever bring true freedom. Despite your six-figure income, the path from successful doctor to financially independent professional feels impossibly complex.
We get it—balancing patient care and financial planning is overwhelming when no one taught you how to invest during medical school. Lucky for you, you don't have to figure it out alone.
Meet Drs. Letizia Alto and Kenji Asakura, physicians who've built a multi-million dollar real estate portfolio while maintaining their medical careers. They've helped hundreds of fellow doctors replace clinical income with passive cash flow—without sacrificing patient care.
Join Leti and Kenji each week as they interview physician investors who've escaped the burnout cycle, share step-by-step strategies to analyze deals, and provide actionable blueprints to build your real estate portfolio with your busy schedule. Learn how to leverage your high income, create tax advantages most doctors miss, and build the time freedom you deserve.
It's time to stop trading your time for money and start building generational wealth. Your patients need you at your best—not burned out and counting the years to retirement.
Doctors Building Wealth
Why You Should Always 1031 Exchange (And How to Do It Right)
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What If Selling Your Rental the "Normal" Way Is Costing You a Fortune?
You bought a rental property years ago. It's appreciated, you've paid down the loan, and now you're thinking it might be time to sell. Maybe you want to upgrade to something bigger. Maybe the property isn't performing the way it used to. Either way, the plan feels simple: list it, sell it, pay the taxes, move on.
We get it. That's the path most people take, and it feels responsible.
But here's what we've learned after years of building our portfolio: every time you sell a property and pay taxes, you're not just losing money today. You're losing decades of compounding. And the gap between selling the "normal" way and using a 1031 exchange isn't small. It's life-changing.
In this episode, we break down everything you need to know about 1031 exchanges, including the rules, the timelines, the mistakes most investors make, and the exact strategies we use in our own portfolio to make sure every exchange goes smoothly. We also share why we're almost always 1031 exchanging and why we think you should be too.
BY THE TIME YOU FINISH LISTENING, YOU'LL DISCOVER:
- The shocking difference in long-term wealth between selling with a 1031 and selling without one (this number alone is worth the listen)
- Why anyone can use this strategy, no special tax status required
- How 1031 exchanges can become one of the most powerful ways to pass wealth to your children, completely tax-free
- The difference between a "lazy 1031" and the real thing, and why we never settle for the lazy version
- The two deadlines you absolutely cannot miss, even by hours
- Why most investors make the same critical mistake when they sell first and shop second, and the simple fix that protects you from it
- Creative ways we've extended our timelines, including a lease-back trick that bought us months of breathing room
- What to look for in a 1031 exchange intermediary so your money is safe and your deadlines are protected
- How some investors in our community are using tenants in common structures to scale into much bigger deals together
This isn't about being overly aggressive with your taxes. It's about understanding one of the most powerful tools the tax code gives real estate investors and learning how to use it the right way. Once you see what's possible, you'll never look at selling a property the same way again.
Listen now and start planning your next move with the full picture in mind.
RESOURCES WE MENTIONED IN THIS EPISODE
Our 1031 Exchange Company Partners: [HERE]
1031 Exchange Blog Article: [HERE]
READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.
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