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Should you rent or buy a home during residency and fellowship? This decision keeps many medical trainees awake at night. You’re earning a modest salary, carrying substantial student debt, and facing an uncertain future location. The financial stakes are high. Make the wrong choice and you could lose thousands of dollars or limit your career…
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Real estate offers some of the best tax benefits available to high-earning physicians. From mortgage interest deductions to capital gains exclusions, smart tax planning can save you thousands of dollars annually. The tax code favors homeownership and real estate investment. Physicians in high tax brackets benefit more than most from these breaks. Understanding and maximizing…
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Choosing between a fixed-rate and adjustable-rate mortgage (ARM) is one of the biggest financial decisions you’ll make as a physician. The wrong choice can cost tens of thousands of dollars over the life of your loan. Like many physicians, I faced this decision twice. When I bought my first home out of training, I chose…
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Cryptocurrency makes headlines every day, but the wild price swings keep many smart investors away. What if you could get the benefits of digital currency without the roller coaster ride? That’s where stablecoins come in. President Trump recently signed the GENIUS Act into law. This landmark legislation creates the first major regulatory framework for stablecoins…
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Moving to a new city for residency, fellowship, or your first attending job brings excitement and stress. You need a place to live, but timing your home purchase can feel impossible. Should you buy before you move? Wait until you arrive? What if you find the perfect house but haven’t sold your current one yet?…
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Buying a home represents one of the biggest financial decisions physicians make during their careers. The mortgage process can feel overwhelming, especially for busy medical professionals juggling patient care with complex financial choices. Understanding your options helps you make smart decisions that protect your wealth while securing the right home for your family. Most physicians…
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The One Big Beautiful Bill just passed both houses of Congress. This major legislation changes how student loan repayment works. As a physician, you need to understand these changes now. Current Borrowers: Your Repayment Plan Status Most physicians can breathe easier. If you’re already on Old IBR or New IBR, you stay put. Your payments…
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The One Big Beautiful Act just passed Congress and awaits the President’s signature. This massive budget reconciliation bill changes the financial landscape for physicians and high earners. The legislation affects taxes, healthcare programs, and investment strategies in ways that directly impact medical professionals. Understanding these changes helps physicians make smart financial decisions. The bill extends…
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As Congress weighs potential cuts in federal Medicaid spending through budget reconciliation, one option under consideration is to limit the use of state taxes on providers. The Medicaid provider tax has become a hot topic in Washington, but many physicians don’t fully understand how this system works or how it affects their practice and patients.…
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The US dollar rules the world economy. It serves as the global reserve currency, which means countries hold dollars in their central banks as savings. About 60% of all foreign currency reserves worldwide are US dollars. When countries trade oil, gold, or other commodities, they often use dollars even when neither country is the United…