TDDP S4 E7: Digital Legal MASTERY | David S. Cohen Esq x Doc Hoff
In this conversation, David Cohen, an attorney specializing in dental practice transitions and commercial real estate, discusses the importance of understanding legal aspects in dentistry. He shares his journey into law and how it led him to focus on dental law. Cohen explains the role of attorneys in practice transitions, including forming business entities, reviewing legal documents, and negotiating leases. He emphasizes the significance of non-compete agreements, tax allocations, contingencies, and representations and warranties in practice sales. Additionally, Cohen highlights the critical role of real estate in dental practice transactions. This conversation explores the concept of Qualified Opportunity Zones (QOZ) and the tax benefits they offer for investors. The guest, David Cohen, explains that QOZs are areas designated by the government for development, and investors who put their money into these zones can receive tax benefits. The conversation highlights the benefits of QOZs for individuals with taxable gains, such as those from selling a practice or stocks. It also discusses the challenges and considerations of investing in QOZs, as well as the specific opportunities in South Florida. The conversation concludes with contact information for further exploration.