beyond MD with Dr. Yatin Chadha Yatin Chadha

I'm thrilled to host Ali Spinner, one of Canada's most trusted voices in tax, on the implications of the proposed hike in the capital gains inclusion rate.

Discussion Points:
- Tax 101 & What happened to the capital gains inclusion rate (0:55)
- Numerical example with 100K capital gains (5:51)
- Has tax integration been violated? Where should we hold certain assets like rental properties? (6:25)
- Is it still worthwhile incorporating? (13:30)
- A brief history of the capital gains inclusion rate (16:48)
- What can investors do?:
a) absolutely nothing (19:05)
b) selling assets and impact of Alternative Minimum Tax/AMT & GAAR/General anti-avoidance rules (21:07)
c) tax planning through insurance and pension plans (29:10)
d) departure tax for those considering leaving Canada (32:05)
- Change in Lifetime capital gains exemption/ LCGE, capital gains exemption for entrepreneurs (34:10)

Yatin's Links:
Email: beyondmdpodcast@gmail.com LinkedIn: Yatin ChadhaAli Spinner:
Alexandra.spinner@crowesoberman.com

I'm happy to have Dr. Kevin Mailo back on the show to discuss what he's learned from investing in real estate (RE) over the last 15 years. We talk about winners and laggards in the portfolio, property managers, challenges with direct ownership in RE, the importance of due diligence in private equity, & how critical it is to understand your "why" in investing.

Physician Empowerment's Toronto conference occurs May 25-26 this year and you can save $100 using the discount code YATIN24 at: https://www.physempowerment.ca/live

Discussion Points:
- Kevin's reflections on his RE investing journey so far (4:09)
- Property managers and cognitive overload (8:55)
- Letting go of (challenging) properties & learnings (10:30)
- Kevin's RE portfolio (13:06)
- Characteristics of good RE investments in the portfolio, investing in Alberta (14:42)
- Properties that haven't worked out, details on preconstruction condos (17:10)
- Advice for those starting RE investing today (23:05)
- Reflecting on how many properties to hold for retirement (27:10)
- How does private equity investing work? (29:55)
- Private equity and due diligence (33:34)
- Private equity investment timelines & return types (36:68)
- Public vs  Private investment breakdown/rules of thumb (39:15)
- Public REITs (40:08)
- Goals for the next few decades (40:59)

Links:

Yatin's Links:
Email: beyondmdpodcast@gmail.com LinkedIn: Yatin ChadhaKevin's Links:
kevin@physempowerment.cahttps://www.physempowerment.ca/live

In this episode I sit down with Parish Bhumgara from Gardiner Roberts LLP to discuss corporate shareholder agreements (CSA).

Discussion points:
- Parish's background (2:05)
- Corporate shareholder agreements/CSAs: what & when? (2:40)
- CSAs: who should consider this? (3:45)
- CSA structure (6:20)
- CSA share types (8:05)
- Key details to be outlined on a CSA (11:03)
- Unanimous shareholder agreements (16:33)
- Scenarios where CSAs really help (17:33)
- Separate corporation to invest in Real Estate (19:52)
- Corporations as a way to reduce liability (21:55)
- Any disadvantages to CSAs? (23:30)
- CSA set up (24:45)
- CSA cost (25:05)
- Transferring shares (27:18)

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast :)

Yatin:
Email: beyondmdpodcast@gmail.com LinkedIn: Yatin Chadha
Parish:
pbhumgara@grllp.com

Today I discuss some of my investments. There have been wins along with some subpar performances. I've also caught myself occasionally falling into common investing traps. Today I address it all and what I've learned from my experiences.

Discussion points:
- #1: focusing too much on price (4:46)
- #2: the importance of understanding what you are investing in (9:48)
- #3: sometimes it pays to take less drastic action (17:35)
- #4: investing in the market at all time highs (25:54)

Companies discussed: DIS, CVS, SIA.TO, NVDA
ETFs: XAW.TO

Links:
Yatin's Links:
Email: beyondmdpodcast@gmail.com LinkedIn: Yatin ChadhaBook recommendation: Balance by Andrew Hallam

Today I welcome Kim GC Moody, one of our country's top tax experts, to discuss AMT (Alternative Minimum Tax) changes for 2024 & beyond and the potential implications for high income earners in Canada.

The podcast has 3 segments:
1) AMT history & mechanics
2) AMT changes
3) AMT Scenarios

Discussion Points:
AMT basics (0:47)
Table of contents (2:07)
Kim Moody's bio (2:41)
Intro (3:58)
AMT intro, history, & mechanics (6:33)
How are tax decisions made in Canada? (12:12)
How has AMT changed in 2024? (15:45)
Are more people leaving Canada due to excess tax? (20:00)
AMT - there is a provincial part, no impact on corporations (24:32)
Impact of AMT on capital gains (25:20)
Impact of AMT on carrying forward capital losses (27:08)
No impact on eligible dividends (27:55)
Impact of AMT on lifetime capital gains exemption (28:35)
Impact of AMT on charitable gifting (30:05)
Impact of AMT on stock options (36:12)
Impact of AMT on trusts (37:14)
Impact of AMT on carrying forward interest charges for rental properties (38:00)
AMT calculations for specific scenarios (39:34)
capital gainscapital gains + carry forward capital losscapital gains, eligible dividends, + charitable donationWhat % of people will be impacted by AMT? (47:42)
Closing remarks (50:15)

Kim Moody:
website: https://moodysprivateclient.com/
LinkedIn: https://www.linkedin.com/in/kimgcmoody/
email: kgcm@kimgcmoody.com
Kim's podcast: https://kimgcmoody.podbean.com/

Yatin Chadha:
beyondmdpodcast@gmail.com
https://www.linkedin.com/in/yatin-chadha-29074b109/

I'm thrilled to host Dimitre Ranev, MD. Dimitre is a savvy mind when it comes to DIY investing. I've benefitted from his wisdom over the years & I'm excited to pick his brain on his investing approach today.
 This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. I can get commissions that will be used to offset the costs of running this podcast :)

Discussion Points:
Guest Introduction (3:13)
An overview of Dimitre's portfolio & investing approach (8:30)
Dimitre's process behind analyzing a company (12:54)
Dividend investing - what to consider (16:58)  
Payout ratios, valuation, P/E ratio relative to historical norms  (20:12)  
Investing during inflationary times (23:30)
Time required to invest in individual companies (29:36)
Behavioural tendencies, having the right investor psychology, minimizing irrational behaviour (30:44)
The importance of rebalancing your portfolio (35:47)
Financial considerations as we pivot from early to mid career (39:05)
Dimitre's preferred resources for learning about investing (41:50)
Rapid fire (47:25)
Dimitre’s advice on building wealth (49:28) 
 
Dimitri’s Links:
LinkedIn: https://www.linkedin.com/in/dimitre-ranev-he-him-0b941495/Primary medicine podcast: https://podcasts.apple.com/ca/podcast/primary-medicine-podcast/id1022330537
Yatin:
Email: beyondmdpodcast@gmail.com LinkedIn: Yatin Chadha