How to Allocate Cost Basis Between Land and Buildings in Real Property
For immigrants and investors, cost basis includes purchase price, mortgage assumed, and specific fees, divided by fair market…
Articles by & updated by Sai Sankar
Understanding Property Basis and Cost Basis for Tax Purposes
Understanding basis and cost basis is vital for U.S. property taxpayers including owners, immigrants, and investors. It details…
Indian Overseas Spending Falls to $2.3 Billion in May 2025
In May 2025, Indian overseas remittances under the LRS fell due to tighter regulations and costs. The TCS…
U.S. Senate Bill Proposes Easier Green Card Path for Undocumented Immigrants
The 2025 immigration bill by Senator Padilla creates a rolling green card eligibility after seven years’ residence. It…
Comprehensive Guide to Reporting Other Gains, Income, and Taxable Events
Immigrants and U.S. residents must report all income types, including unemployment benefits and business property sales, using IRS…
University Intakes Worldwide: Key Differences from the U.S. System
The U.S. Fall intake is the main entry point for international students, offering the widest program and scholarship…
From Tests to Visas: Your 2025 University Application Guide
International applicants should start university research 6–12 months before deadlines, prepare for GRE, GMAT, IELTS/TOEFL early, submit thorough…
Major Countries and Their Student Visa Types and Codes Explained
Student visas require acceptance by recognized schools, proof of funds, and meeting health and language criteria. Common disqualifications…
F-1 Visa Declines in China and India Amid FY2025 Interview Freeze
F-1 visa delays and increased screening for Indian and Chinese students continue into 2026 after sharp issuance drops…