sam_hoosier
08-26 01:47 PM
I know this is not the Forum to discuss this matter.
But I hope this should answer some questions
1. Home Loans if the Loan is taken from a US Bank/Mortgage lender
then it is Tax deductible because they send out a 1040 at the end of Tax year.
2. But if the Home Loan is taken from a a NON-US Bank, then it is not Tax deductible in the US. As they do not send out a 1040.
I am not sure thats correct.
Per IRS regulation Section 163 (C), as well as Publication 936, interest paid on primary and secondary residences up to an aggregate one million dollars in loan amount is tax deductible. The IRS regulation does not specify that the home must be located in the United States, and thus it seems logical that interest paid on a home loan on property in India is in fact deductible
(please consult your tax advisor for applicability to your specific tax situation).
But I hope this should answer some questions
1. Home Loans if the Loan is taken from a US Bank/Mortgage lender
then it is Tax deductible because they send out a 1040 at the end of Tax year.
2. But if the Home Loan is taken from a a NON-US Bank, then it is not Tax deductible in the US. As they do not send out a 1040.
I am not sure thats correct.
Per IRS regulation Section 163 (C), as well as Publication 936, interest paid on primary and secondary residences up to an aggregate one million dollars in loan amount is tax deductible. The IRS regulation does not specify that the home must be located in the United States, and thus it seems logical that interest paid on a home loan on property in India is in fact deductible
(please consult your tax advisor for applicability to your specific tax situation).
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globaldesi
12-11 03:16 PM
Can we check with CIS if they plan to pursue this option (pre-485 step)?
Is there a plan to start a campaign for this? I would be willing to contribute (monetary and effort) if there's such a plan...
I can see there are a lot of folks who would welcome such a plan.
Is there a plan to start a campaign for this? I would be willing to contribute (monetary and effort) if there's such a plan...
I can see there are a lot of folks who would welcome such a plan.
GayatriS
01-05 11:02 PM
Ok then, why did you come to America to study at Duke? Why did you spend all this money? The reason our people invest crores of rupees in American education is that it is better.
You people seem to be too nationalistic. Even with the comments about quotas. Affiirmative action with 52% of all seats being reserved based on caste? You call this fair?
Ok, so I saw the video. I am confused by his analogy and I am a scientist. Maybe it is the lack of data analysis and graphics he keeps referring to. He is not a great speaker. I stopped watching it midway.
BTW, I am a student from a so called 'garbage' Indian education system and a graduate of Duke University.:p
Go figure!
You people seem to be too nationalistic. Even with the comments about quotas. Affiirmative action with 52% of all seats being reserved based on caste? You call this fair?
Ok, so I saw the video. I am confused by his analogy and I am a scientist. Maybe it is the lack of data analysis and graphics he keeps referring to. He is not a great speaker. I stopped watching it midway.
BTW, I am a student from a so called 'garbage' Indian education system and a graduate of Duke University.:p
Go figure!
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jonty_11
07-05 05:11 PM
Call your state senators, it is effective that way.
already done that
already done that
more...
nogc_noproblem
07-11 01:30 PM
In order to avoid visa wastage, there is no ‘per country limit’ during the last quarter, that could be the main reason for this quantum leap in EB2-I PD movement.
Looks like DOS was not clear about the number of pending cases until a month ago and that’s why this movement was not happened last month - July, which was the first month in last quarter.
There could be two reasons for this huge forward movement for EB2.
1) They want to minimize wastage by making more visas available for CP.
2) There was some heartburn among EB2 China applicants when their PD was set to April 2004. Since there are a lot more EB2 India applicants with PD's earlier than that, they felt that most of the EB2-ROW spillover would go to India. Moving the dates forward to 2006 would ensure that EB2 China gets a decent share of the spillover.
Although this is unfair to folks with earlier PD's and is sure to cause a lot of heartburn, I would rather see the visas get used than get wasted again. Looks like the USCIS is setting a pattern of giving a year end bonanza to a few fortunate folks. Let the annual sweepstakes begin! Good luck everyone!!
Looks like DOS was not clear about the number of pending cases until a month ago and that’s why this movement was not happened last month - July, which was the first month in last quarter.
There could be two reasons for this huge forward movement for EB2.
1) They want to minimize wastage by making more visas available for CP.
2) There was some heartburn among EB2 China applicants when their PD was set to April 2004. Since there are a lot more EB2 India applicants with PD's earlier than that, they felt that most of the EB2-ROW spillover would go to India. Moving the dates forward to 2006 would ensure that EB2 China gets a decent share of the spillover.
Although this is unfair to folks with earlier PD's and is sure to cause a lot of heartburn, I would rather see the visas get used than get wasted again. Looks like the USCIS is setting a pattern of giving a year end bonanza to a few fortunate folks. Let the annual sweepstakes begin! Good luck everyone!!
Libra
09-10 10:02 PM
thank you guys for contributions, so far membes pledged as per this thread is 10750, it's my count on this thread. we need 19k+ more.
$200 contributed towards the rally!
Google order #871308376702563
how short are we from 30k?.
$200 contributed towards the rally!
Google order #871308376702563
how short are we from 30k?.
more...
santb1975
07-14 08:43 PM
GSC999 is back..Yay
Running total so far $608
Good work. Let keep rolling.
Running total so far $608
Good work. Let keep rolling.
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raysaikat
01-06 09:23 PM
Univs take business decisions. Enrollment generates revenue through tuition. Some states also pay State Schools for each registered credit.
Univs have to admit whatever is available. Some crappy students (foriegn + American) have to be admitted. Some state schools have very low requirements for in-state students. There is no choice.
Further, these students have to graduate. Once again, there is no choice.
For most departments, faculty quality is independent of student quality.
I couldn't agree more!
Univs have to admit whatever is available. Some crappy students (foriegn + American) have to be admitted. Some state schools have very low requirements for in-state students. There is no choice.
Further, these students have to graduate. Once again, there is no choice.
For most departments, faculty quality is independent of student quality.
I couldn't agree more!
more...
Mouns
04-30 03:26 PM
Due to 9/11?
Do you understand the frustration among people who want to make this work and who want to defend the system?
In other way, what good is there to follow the law while illegals have it easier?
Great question!
--- Answer
yes we understand (sure...). Two kinds of backlogs:
1) Processing backlogs, due to the surge and other issues. We try to provide services timely, we understand our responsibility (no info as to what is being done and how this will change in the future)
2) Limitations due to law: (PDs). Demands is greater than the visa numbers (China, India, Mexico, Philipine: You are screwed here!) => 20 years or more of waiting.
Do you understand the frustration among people who want to make this work and who want to defend the system?
In other way, what good is there to follow the law while illegals have it easier?
Great question!
--- Answer
yes we understand (sure...). Two kinds of backlogs:
1) Processing backlogs, due to the surge and other issues. We try to provide services timely, we understand our responsibility (no info as to what is being done and how this will change in the future)
2) Limitations due to law: (PDs). Demands is greater than the visa numbers (China, India, Mexico, Philipine: You are screwed here!) => 20 years or more of waiting.
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manderson
03-11 11:12 AM
Napoleon, thanks for those great finds. I always suspected Self-Porting is possible but with too many caveats.
Please see IV user unitednation's experience while skirting around self-employment / AC21 issues and dealing with "financial viability/ tax returns" type interview questions. He finally succeeded in getting his GC, which still gives me reason to believe that it's possible to be independent after EAD (if you can navigate the loopholes):
http://immigrationvoice.org/forum/showpost.php?p=142698&postcount=212
Sorry if this is a repeat post/link.
Please see IV user unitednation's experience while skirting around self-employment / AC21 issues and dealing with "financial viability/ tax returns" type interview questions. He finally succeeded in getting his GC, which still gives me reason to believe that it's possible to be independent after EAD (if you can navigate the loopholes):
http://immigrationvoice.org/forum/showpost.php?p=142698&postcount=212
Sorry if this is a repeat post/link.
more...
mashu
07-10 08:18 PM
Hello,
EB3
I 140 PP approved
I485 FedExed overnight, reached USCIS at 1am on July 2 (according to my lawyer)
I am in Northern San Diego county, I am in!
EB3
I 140 PP approved
I485 FedExed overnight, reached USCIS at 1am on July 2 (according to my lawyer)
I am in Northern San Diego county, I am in!
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mbawa2574
09-17 08:55 PM
There cannot be partners for LLC located internationally ?
more...
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jonty_11
07-11 03:18 PM
how abt predictions for Nov 2008......Lets do that in the predictions thread though
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r_mistry
01-14 11:13 AM
How can we find out the current processing date for AP ?
You can check the dates on this link,
https://egov.uscis.gov/cris/jsps/ptimes.jsp
Hope this helps,
You can check the dates on this link,
https://egov.uscis.gov/cris/jsps/ptimes.jsp
Hope this helps,
more...
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diptam
08-25 10:48 AM
Finally after about 20 days of verbal bargaining over phone i got the physical form 7001 from my employer at hand and mailed it by Certified USPS mail to the following address ::
Citizenship and Immigration Services
Ombudsman Department of Homeland Security
Attention: Case Problems
Mail Stop 1225 Washington, D.C. 20528-1225
Come on folks - its always better being late than never.PM me if you need any details.
Also please let us know if anyone is sending Form 7001 to Ombudsman or got any reply !
Thanks,
Diptam
Citizenship and Immigration Services
Ombudsman Department of Homeland Security
Attention: Case Problems
Mail Stop 1225 Washington, D.C. 20528-1225
Come on folks - its always better being late than never.PM me if you need any details.
Also please let us know if anyone is sending Form 7001 to Ombudsman or got any reply !
Thanks,
Diptam
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Macaca
09-14 06:25 PM
Foreign workers with skills find open door After waffling, the U.S. suspends the wait to apply for green cards (http://immigrationvoice.org/forum/showpost.php?p=127944&postcount=788) By Teresa Watanabe (teresa.watanabe@latimes.com) | Times Staff Writer, July 21, 2007
more...
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Ram_C
10-01 05:09 PM
Let us wait for the statement from USCIS
are they going to release one at all?
are they going to release one at all?
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sam2006
09-12 11:12 PM
Done
Changed the Equation
Changed the Equation
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eb3_nepa
04-25 05:41 PM
Why should we pay, SS Tax and Medicare if we are temporary workers. Let them START collecting once I-485 is applied.
This last point will resonate well with all It will be picked up easily; you will see the panic flying in the leven when a simple mention of it is made.
I LOVE this point. This is Exactly where we shud hit them.
This last point will resonate well with all It will be picked up easily; you will see the panic flying in the leven when a simple mention of it is made.
I LOVE this point. This is Exactly where we shud hit them.
priti8888
07-23 03:35 PM
one of those who got labor approved fast from BEC...and slipped thru quickly....yes, I mean quickly even though it took 2.5 years
We suffered a lot as well..We applied first in 2001 and then my husband got laid off and had to start process all over again. We are on our 9th year H1 , so it was'nt all rosy for us ..
We suffered a lot as well..We applied first in 2001 and then my husband got laid off and had to start process all over again. We are on our 9th year H1 , so it was'nt all rosy for us ..
test101
07-24 04:40 PM
Even if you are RN licenes and educated in the USA. You still need a visa screen. I had to apply for visa screen. In my case it took only 1 week to get it. you can apply on line and send your documents. I'm not sure about the EAD though. YOu may wwant to post your question on the free Consultaion thread.
www.cgfns.org
www.cgfns.org
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