Turn Your Clinic Into a Long-Term Paycheck

Do you want to sell the real estate and the price and cash out of both. A lot of people though will sell the practice and then they'll write like a 1012 or 15 year lease with the buyer the practice and then they'll continue to either pay that building off or if it is paid off they'll just continue to cash flow and it just becomes an annuity. And so you continue to pick up tax deductions as an owner every year you get depreciation every year you get interest write offs and other operating expense write offs every month the principal pay down goes to build your net worth if you still have a loan on it. So a lot of people will choose to sell the practice, hold the real estate and again at that point you could hold it for five years then sell it. You can hold it for 10, 15, you can hold as long as you want to but it becomes another like a secondary business if you will.