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Study Medicine in the USA: Top 10 Medical Schools and Rankings

Top U.S. medical schools in 2025 require high MCAT scores and U.S./Canadian coursework. NYU offers a tuition-free MD program. Costs…

Top 10 Richest Countries in the World 2025 by Key Economic Factors

Discover the richest countries by GDP, GDP per Capita, and national net worth in 2025. Understand visa rules, costs, and…

Understanding Non-Business Bad Debt Deduction Requirements

Non business bad debts qualify for deductions only if totally worthless with proper proof of a legal loan and collection…

How to Calculate Gain or Loss on Sale of Property in 2025

Homeowners selling their main home can exclude up to $250,000 ($500,000 joint) in capital gains if they meet IRS ownership…

Understanding Depreciation: Types of Property and Cost Recovery Methods

Depreciation lets U.S. business owners and immigrants deduct costs of tangible property used for income over years. Capital expenditures require…

H-1B Visa Holder’s Promotion to Electrical Engineer Risks Legal Status

USCIS now enforces stricter rules on H 1B visa promotions. Employers must file amendments for significant job changes to protect…

Understanding Like-Kind Exchanges of Real Property Under Section 1031

Section 1031 updates in 2025 expand property eligibility, add a $5 million gain deferral limit, and tighten IRS reporting with…

Loss Deduction Rules for Property Sales Between Related Parties

Under IRS rules, losses on property sales between related parties like family members are nondeductible. Taxpayers must identify related parties,…