best state for dental practice
Started by iLuvDAT
The states with the highest population to dentist ratio. More folks for less dentists is often a better way to maximize your profit than the low income tax states which tend to have a higher dentist to population ratio. More dentists for less people equals more need for marketing which in some cases will offset the tax savings.
Last I heard, Alaska is pretty tax friendly. They'll pay for your schooling, give you land, and a house if you commit to a few years there..
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In general, the best place to have a practice is outside metropolitan areas (rural areas)... which doesn't attract new and young dentists, as well as group practices. Everytime you see a large population center, it's usually saturated with dentists (Boston is the best example I know of).
You can always live in a big city, and commute to work (your office) for 30 mins each day to get the best of both worlds... but then again, how many dentists do you know doing that?
You can always live in a big city, and commute to work (your office) for 30 mins each day to get the best of both worlds... but then again, how many dentists do you know doing that?
There is an advantage of commuting to work in the suburbs. Everybody will be stuck in traffic jams going into the city while you go the other way on relatively clear roads. Being from Boston it feels like every 2 or 3 blocks there is a dental office.
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Is she a neighbor of Dr. Leo Marvin?
Haha!!
no, but I think Mitt Romney has a house across the lake.
Out at the entrance to Wolfeboro Bay.
Although Mitt's place is "small" by Wolfeboro area's standard's. This "little" place is about a mile as the bird fly's from Mitt's!
It's owned by the man who recently sold the New Hampshire International Speedway (Nascar Track), Bob Bahre.
There's some VERY nice real estate on Lake Winnipesaukee!
All you have to do is walk out into the Chugach and put up some flags and the land is yours LOL. You get like 1k or so a year from the oil surplus.
Hey, I also lived in AK until a few years ago. Chugiak, AK. Where are you?
How rural do you mean?..
I'm fine with living in those places and actually drove out a couple of times out of the city to see what it's like.. but all I see 30 mins out the the city is just miles and miles of fields and cows..🙄
Made me wonder if there would be enough people for me to go there even once a week..
By the way, does anybody know how it is in Seattle, Washington?
Is the city pretty saturated with dentists?
Here's something interesting I read about NH's tax-free income:
The state has no general sales tax, no personal income tax (the state does tax, at a 5 percent rate, income from dividends and interest) and the legislature has exercised fiscal restraint. Efforts to diversify the state's general economy have been ongoing.
Additionally, New Hampshire's lack of a broad-based tax system (aside from the controversial state-wide property tax) has resulted in the state's local communities having some of the nation's highest property taxes. Overall, New Hampshire remains ranked 49th among states in combined average state and local tax burden.[8] Nevertheless, ongoing efforts from unhappy homeowners for property tax relief continues. They have argued that residents of Massachusetts and other neighboring states are shopping in New Hampshire tax-free, and New Hampshire homeowners are paying them for the privilege.
Personal income tax-free states:
http://en.wikipedia.org/wiki/State_income_tax
and
http://taxes.about.com/od/statebystate/qt/taxfreestates.htm
http://en.wikipedia.org/wiki/State_income_tax
and
http://taxes.about.com/od/statebystate/qt/taxfreestates.htm
Why wouldn't the criteria include lots of older patients with money, i.e. Florida? We don't have any income tax either...
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So true. Her property taxes are ridiculous.
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