The Dentalpreneur Podcast w/ Dr. Mark Costes 2370: Oil, Gas, and Real Estate Insights for Dental Entrepreneurs
Oct 31, 2025
Troy Eckard, CEO of Eckard Enterprises, shares nearly four decades of expertise in managing alternative assets like mineral rights. He discusses strategic management of proceeds from dental practice sales, emphasizing the importance of protecting investments. Troy analyzes investment traps common among dentists and outlines a tax-efficient allocation strategy involving working interests and class-A real estate. He also explains the advantages of cost segregation and the potential tax benefits of 1031 exchanges in real estate and energy sectors.
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Start With Net Proceeds First
- Always calculate your net proceeds after taxes first before making any investment decisions.
- Treat the sale proceeds as life-critical capital and plan preservation first, growth second.
Preserve Capital Before Chasing Yield
- Preserve capital and avoid chasing shiny, high-risk deals right after a sale.
- Prioritize investments that safeguard your career earnings and minimize the chance of large losses.
Match Investments To Income Needs
- Decide how much income you need to replace from your practice and match investments to that goal.
- Balance risk and return so you don't chase extreme returns that jeopardize principal.