The Passive Income MD Podcast

In this episode, Peter and five experts talk about why so many physicians earn well but still feel like they're not building anything on purpose. You'll hear how to figure out how much money you actually need, which tax strategies and retirement accounts you can still use before year end, and how to start buying back your time. If you're tired of paying too much in taxes, this one is worth your ti...

In this episode, Peter takes the question he heard most at PIMDCON, is real estate still worth it right now, and puts it to three people who are actively in the deals: Dr. Larry Daugherty, Phil Copulsky, and Taylor Hawks. They break down active versus passive versus debt investing, why the market reset is creating opportunities, and the one question each of them would ask before handing money to a...

In this episode, Peter moderates a panel of four physician entrepreneurs, Dr. Mark Allen, Dr. Bonnie Koo, Dr. Michael Fang, and Dr. Kenji Asakura, who share how they took their first steps outside clinical medicine and handled the risk that came with it. They get honest about building a personal brand, the AI skills every physician should start learning now, and why valuation matters as much as in...

In this episode, Peter shares the three biggest things he personally walked away with after PIMDCON 2026, despite being the one who put the whole event together. He covers why physician branding matters more than ever, how treating AI like an employee instead of a search engine changes everything, and three specific tax strategies physicians still aren't using enough before year end. If you weren'...

In this episode, Peter breaks down what happens when a friend's investment problem turned out to be a debt problem in disguise, and why borrowing money to invest changes the entire risk equation. He walks through the two questions almost nobody asks before taking on debt to fund an investment, who's actually making the payment, and who decides when that payment is due. If you've ever considered us...

In this episode, Peter breaks down exactly where to keep money that has a deadline attached to it, using a real conversation with his own parents as the framework. He walks through why a normal checking account quietly costs you thousands a year, and lays out the actual tiers of options based on how fast you might need the cash, from high-yield savings accounts to T-bills to no-penalty CDs. If you...

In this episode, Peter sits down with Troy Eckard, a four-decade veteran of oil and gas, to answer the question most physicians never think to ask before writing a check into this space, how do you actually tell a legitimate operator from one that isn't. Troy breaks down the real mechanics behind mineral rights and working interest, why this might be one of the best buying windows in years, and th...

In this episode, Peter walks through a phone call with a friend who was about to sell a short-term rental and had never once thought about depreciation recapture, a bill that turned out to be bigger and more complicated than expected. He breaks down exactly how recapture is calculated, the part almost nobody catches involving furniture and appliances, and the real options for deferring or offsetti...

In this episode, Peter breaks down opportunity zones, a tax tool he says almost no physician he talks to has ever heard of, and why the version that exists today looks nothing like the one from 2018. He walks through the exact math behind deferring and eliminating capital gains taxes, why Congress making the program permanent changes everything about how it can be used, and the concentration risk...

In this episode, Peter breaks down how he stopped treating AI like a search engine and started building it into an actual team, complete with a personal assistant, a financial board of advisors, a lawyer and negotiator, and a life coach. He walks through exactly how each one is built and used, from prepping for contract negotiations to processing tough decisions late at night. If you've only ever...

In this episode, Peter tackles a conversation he had with a skeptic who flat out said passive income doesn't exist, and honestly, the guy wasn't entirely wrong. Peter breaks down why he thinks of it as scalable income instead of passive, why the early years always feel flat and pointless, and the four levers that actually speed up the curve once you stick with it. If you've ever been told passive...

In this episode, Peter unpacks why almost no physician gets real financial education, backed by survey data showing most doctors never learned the basics before finishing training. He breaks down exactly where he personally learns this stuff, from AI tools and books to the community conversations that taught him more than any single resource could. If you've ever felt behind on your own numbers de...

In this episode, Peter explains why residential real estate has held up just fine while commercial properties are quietly going through their own crash. A friend's comment about home prices not crashing sparks a deeper look at balloon payments, floating rate loans, and the perfect storm hitting apartment buildings and office space right now. If you've been wondering how real estate can look fine a...

In this episode, Dr. Peter Kim breaks down exactly what he told a friend at a wedding who asked him point blank what moves he's making with his own money right now. With inflation spiking, the Fed on hold, and real estate still stuck in a higher rate environment, Peter walks through his actual approach to real estate, index funds, and tax strategy for the second half of 2026. If you've been waitin...

In this episode, Dr. Peter Kim sits down with Dr. Larry Daugherty, a radiation oncologist in Alaska who built a 200-door real estate portfolio, has raced the Iditarod five times, and summited both Everest and Lhotse. Larry walks through the exact turning point that pushed him out of a dream medical career and into real estate, how he scaled from a single fourplex to commercial apartment buildings...

In this episode, Dr. Peter Kim opens up about a colleague who passed away suddenly, and how it forced him to finally check his own estate plan, which turned out to be years out of date. If you signed your documents once and haven't touched them since, this episode breaks down exactly what's probably wrong, from an unfunded trust to outdated beneficiaries that quietly override everything else. He a...

In this episode, Dr. Peter Kim breaks down the exact quarterly review process he uses to catch financial blind spots before they turn into a bad year. If you've ever felt vaguely behind without knowing why, or noticed that anxious feeling about money without any real numbers to back it up, this episode gets into why that happens and how to fix it. He walks through the four areas he checks every qu...

In this episode, Dr. Peter Kim shares the story of an interventional cardiologist who paid decades of premiums only to discover his policy didn't fully protect him when it mattered most. He breaks down the four questions every physician needs to answer about their disability coverage right now, and the specific career moments when most physicians miss the window to fix it. If you've been putting o...

In this episode, Dr. Peter Kim sits down with Troy Eckard, a 41-year oil and gas veteran who says what's happening in the energy market right now is something he has never seen in his entire career. They break down why the Strait of Hormuz crisis is about to hit physicians' wallets harder than most realize, what the major tax advantages in oil and gas are that almost no one is talking about, and w...

In this episode, Dr. Peter Kim breaks down exactly what a capital call is, why so many passive investors are receiving them right now, and what it actually means for your investment. If you've ever opened one of those "important update" emails from a sponsor and had no idea what to do next, this one's for you. Peter walks through the right questions to ask, how to evaluate your options, and how to...

In this episode, Dr. Peter Kim breaks down the exact reason most physicians are still doing work that doesn't need them, and what to do about it. He walks through 5 specific tasks you can hand off to a virtual assistant right now, from inbox triage to travel logistics, without losing control or spending weeks on setup. If your time keeps disappearing into things that feel productive but aren't, th...

In this episode, Dr. Peter Kim breaks down how he and his wife actually manage their money as a couple, from account structures to big financial decisions, and why most couples are running a system that leaves at least one person flying blind. If you and your partner have never sat down to map out the full picture together, what's coming in, what's going out, and what each person is actually contr...

In this episode, Dr. Peter Kim shares the moment his department chief handed him an ultimatum with no warning and no room to negotiate, and why he was one of the few physicians who could actually walk away. He breaks down how 82% of physicians are now employed by hospitals or corporate entities, and what that employment contract is quietly costing them in autonomy, income, and the ability to leave...

In this episode, Dr. Peter Kim gets personal about something most physicians never see coming until they're already in it: the financial and emotional cost of watching your parents age. You'll hear why liquidity, passive income, and even the trips you keep putting off matter far more than most financial plans account for. If you've ever felt the weight of being the most capable person in your fami...

In this episode, Dr. Peter Kim gets into why hitting your next income target probably won't feel the way you think it will. Drawing from his own experience and conversations with other physicians, Peter makes the case that more money rarely fixes what might actually be bothering you: the lack of control, the identity questions, the time you're not getting back. If you've ever wondered why success...