{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The IRS Election That Doctors Miss \u2014 and How It Costs Them","description":" In this episode, The IRS Election That Doctors Miss \u2014 and How It Costs Them, Shane, Tax Partner at Eide Bailly, breaks down the tax strategies that can significantly impact physician-owned medical practices and real estate holdings. Shane explains how depreciation works for medical buildings, when cost segregation studies can accelerate deductions, and why bonus depreciation is often misunderstood. He also dives into the critical \u2014 and often overlooked \u2014 754 election, outlining how it allows new physician partners to step up their basis and capture valuable depreciation benefits during buy-ins. Shane highlights the timing requirements, the tax implications of buy-outs, and why missed elections can\u2019t be retroactively fixed \u2014 potentially costing physicians thousands over time. If you\u2019re part of a physician-owned practice or navigating partnership transitions, this episode offers practical guidance to help you structure smarter and plan proactively. Join the next session of Physician-Owned Real Estate 101 at the CPOMP 2027 Annual Meeting, January 21-23, 2027 at the Omni Scottsdale Resort and Spa at Montelucia. Register at www.CPOMP.org\/cpomp-2027.        ","author_name":"The Physician-Owned Medical Real Estate Podcast","author_url":"http:\/\/cpomp.libsyn.com\/website","html":"