Business Focus
Clinical Focus
Spotlight
Academy
CME/CE
Job Board
Subscribe
- Revenue Cycle Management
- COVID-19
- Reimbursement
- Diabetes Awareness Month
- Risk Management
- Patient Retention
- Staffing
- Medical Economics® 100th Anniversary
- Coding and documentation
- Business of Endocrinology
- Telehealth
- Physicians Financial News
- Cybersecurity
- Cardiovascular Clinical Consult
- Locum Tenens, brought to you by LocumLife®
- Weight Management
- Business of Women's Health
- Practice Efficiency
- Finance and Wealth
- EHRs
- Remote Patient Monitoring
- Sponsored Webinars
- Medical Technology
- Billing and collections
- Acute Pain Management
- Exclusive Content
- Value-based Care
- Business of Pediatrics
- Concierge Medicine 2.0 by Castle Connolly Private Health Partners
- Practice Growth
- Concierge Medicine
- Business of Cardiology
- Implementing the Topcon Ocular Telehealth Platform
- Malpractice
- Influenza
- Sexual Health
- Chronic Conditions
- Technology
- Legal and Policy
- Money
- Opinion
- Vaccines
- Practice Management
- Patient Relations
- Careers
Q&A: Strategies for paying down personal debt
I've made some recent investments in my practice that have caused me to take on some debt. My understanding is that the interest paid is not deductible. Any suggestions on how to better structure my debt?
Q: I've made some recent investments in my practice that have caused me to take on some debt. My understanding is that the interest paid is not deductible. Any suggestions on how to better structure my debt?
A: You may want to consider paying off the debt with a home-equity loan. The first $100,000 of home-equity indebtedness is deductible, regardless of what you do with the loan proceeds. Furthermore, interest rates are usually substantially lower on home-equity loans.
Related Videos
Related Content
