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).
pappu
03-13 10:03 AM
min contribution required is $25 per month
santb1975
05-24 10:37 AM
Good start for a long weekend
Contributed $100 . Good way to long start weekend !
Receipt ID: 2168-6313-9515-3493
Have a nice Week End !
- JimyTomy
______________________
EB3 India
Contributed $100 . Good way to long start weekend !
Receipt ID: 2168-6313-9515-3493
Have a nice Week End !
- JimyTomy
______________________
EB3 India
pbojja
09-11 05:19 PM
i have stopped giving a F**K about red dots. they honestly don't mean shit.
I agree , Even though I m a not big contributor , I have got so many reds in the past ...when you disagree with others opinion you just get a red, they dont dare to express
I agree , Even though I m a not big contributor , I have got so many reds in the past ...when you disagree with others opinion you just get a red, they dont dare to express
more...
chanduv23
07-11 12:22 PM
employer can withdraw the 140 any time before the approval of 485 - there is no time limit.
That is right. But one MUST NOT worry about it as long as they have a job in hand with same or similar duties. Things to watch out are
(1) AC21 letter
(2) G28 properly filed
(3) NOID
(4) Denial - happened in some cases and reopened through MTR
Now even if your old employer did not revoke 140 you may get an RFE.
That is right. But one MUST NOT worry about it as long as they have a job in hand with same or similar duties. Things to watch out are
(1) AC21 letter
(2) G28 properly filed
(3) NOID
(4) Denial - happened in some cases and reopened through MTR
Now even if your old employer did not revoke 140 you may get an RFE.
vvicky72
07-15 10:28 AM
Thanks.
more...
srikondoji
08-13 03:59 AM
Hey nave_kum,
Why do you think this is misleading? If you look at the date of the post, then the monday should be the following monday from that date which passed long time back. Let me know exacly what misled you, i may try to re-interpret if need be.
It is upto you to conclude who is right and who is wrong and nobody here is warning him because he is junior.
I have politely warned him, because i thought it was the right thing to do because of this discussion going in the wrong direction. I complained the adminstrator and moderator becuase that was the only tool available to me. Whatz wrong in this approach?
Best regards and cheers.
Guys...
I just logged in thinking that by Monday, we July 2nd filers wud be getting receipts. But after flipping the pages back on this forum, I saw that the Monday was indeed the previous one. This is indeed misleading. After seeing the ongoing tussle between buddyinus and Srikondo, I realised Buddyinus is right. Whats wrong in whatever he's saying??? The purpose of this thread is to discuss about the so called Monday's receipts. But since that Monday is gone, looks like u r fighting over nothing. How dare u warn anybody on this thread. I am with Buddyinus on this. He may be a junior but u dont have any rights to warn him. Beware.
Why do you think this is misleading? If you look at the date of the post, then the monday should be the following monday from that date which passed long time back. Let me know exacly what misled you, i may try to re-interpret if need be.
It is upto you to conclude who is right and who is wrong and nobody here is warning him because he is junior.
I have politely warned him, because i thought it was the right thing to do because of this discussion going in the wrong direction. I complained the adminstrator and moderator becuase that was the only tool available to me. Whatz wrong in this approach?
Best regards and cheers.
Guys...
I just logged in thinking that by Monday, we July 2nd filers wud be getting receipts. But after flipping the pages back on this forum, I saw that the Monday was indeed the previous one. This is indeed misleading. After seeing the ongoing tussle between buddyinus and Srikondo, I realised Buddyinus is right. Whats wrong in whatever he's saying??? The purpose of this thread is to discuss about the so called Monday's receipts. But since that Monday is gone, looks like u r fighting over nothing. How dare u warn anybody on this thread. I am with Buddyinus on this. He may be a junior but u dont have any rights to warn him. Beware.
GCneeded
10-16 01:12 PM
Like many immigrants, I moved to USA in search of American Dream. With a degree in Computer Science and valuable experience, I thought I could pursue my ambition to excel in my field, while also fulfilling my American Dream. My dream of America was about freedom. Freedom of working at niche companies, living a comfortable life, earning higher wages than what I used to earn in my Home country. What started out as a dream has turned to a nightmare. Like many others I came to USA on H1-B and wanted to convert to a permanent resident. The process, which used to take 2-3 years, has turned to uncertainty. The path for Permanent residency has been entangled in complicated government laws and bureaucracy. I had to wait in line for 4 years just to get my labor application approved and now I am struck in another queue of retrogression. I moved from my country; because I did not want to wait in line at Ration shops, bus stops. I wanted to escape from the lines, but now I am struck in a bigger line with no end in sight.
Whenever there is a discussion about immigration, People always assume it as about illegal immigration. So I have to keep reminding people that there is another side to immigration. Legal immigration. The issues of legal immigrants have been ignored and been buried in the midst of illegal immigration controversies. When I send letters to House Representatives/Senators about the problems of legal immigrants, they reply back about increasing H1-B numbers. Legal immigration is NOT just about just increasing H1-B. Also the anti immigration groups publish that people on H1-B don�t pay taxes. But we pay taxes, Medicare and social security like all other American citizens. With the current immigration laws, we might not be even to avail the benefits of these taxes.
The facts of the legal immigrants
� We are NOT here to take American jobs. We fill those positions when a suitable American citizen was not found
� We PAY TAXES like any other American citizens
� We are here legally. The government has assessed our qualifications and education.
� According to Economic Report of the President, 2006 - Legal skilled immigrants increase productivity growth and improve the standard of living for the U.S. population as a whole.
� According to Economic Report of the President, 2006, skilled immigrants constituted 76% of the employment growth in the Executive, Managerial, Professional (e.g., Scientists, Doctors) and Technical (e.g., Health and Science Technicians) categories from 1996 to 2002.
� According to Annalee Saxenian, �Silicon Valley's New Immigrant Entrepreneurs,� Public Policy Institute of California, 1999, in 1998, Chinese or Indian CEOs ran 24 percent of Silicon Valley�s technology firms. These companies accounted for over $16.8 billion in sales and 58,282 jobs. These numbers may still understate the scale of immigrant entrepreneurship in the region because firms started by Chinese or Indians with non-Asian CEOs were not counted.
We are being backlashed by the congress and the anti immigration groups, even though we are highly skilled, well educated and staying legally. We have done nothing but help America in its economic growth and in its quest for innovation and technology. Now we are being punished for being here legally and law abiding by putting us in retrogression. We cannot get Salary hike, or promotions when our green card is in process. So while my American colleagues have moved to greener pastures, I am struck here at the same job and same salary. People struck in green card process cannot open new ventures. The new ventures would open new jobs and increases America�s competitive edge in innovation and global leadership in technology. If American congress does not act at this point of time, there will be a �BRAIN DRAIN�. People fed up with retrogression have already started looking at other countries like Australia, Canada who are welcoming high skilled immigrants with open arms and easy migration laws. As for me I have invested my prime youth for my American dream and hope American government will embrace high skilled immigrants like me. Rep. Shadegg has tabled H.R. 5744, SKIL bill for legal high-skilled immigration. This bill would reduce the current wait time for getting the green card. I sincerely urge congress to pass SKIL bill which will reduce the wait times and help high skill immigrants help America to sustain it�s edge on technology and global innovation.
We are getting more calls for op-eds and need more IV members to pitch in and write articles.
Whenever there is a discussion about immigration, People always assume it as about illegal immigration. So I have to keep reminding people that there is another side to immigration. Legal immigration. The issues of legal immigrants have been ignored and been buried in the midst of illegal immigration controversies. When I send letters to House Representatives/Senators about the problems of legal immigrants, they reply back about increasing H1-B numbers. Legal immigration is NOT just about just increasing H1-B. Also the anti immigration groups publish that people on H1-B don�t pay taxes. But we pay taxes, Medicare and social security like all other American citizens. With the current immigration laws, we might not be even to avail the benefits of these taxes.
The facts of the legal immigrants
� We are NOT here to take American jobs. We fill those positions when a suitable American citizen was not found
� We PAY TAXES like any other American citizens
� We are here legally. The government has assessed our qualifications and education.
� According to Economic Report of the President, 2006 - Legal skilled immigrants increase productivity growth and improve the standard of living for the U.S. population as a whole.
� According to Economic Report of the President, 2006, skilled immigrants constituted 76% of the employment growth in the Executive, Managerial, Professional (e.g., Scientists, Doctors) and Technical (e.g., Health and Science Technicians) categories from 1996 to 2002.
� According to Annalee Saxenian, �Silicon Valley's New Immigrant Entrepreneurs,� Public Policy Institute of California, 1999, in 1998, Chinese or Indian CEOs ran 24 percent of Silicon Valley�s technology firms. These companies accounted for over $16.8 billion in sales and 58,282 jobs. These numbers may still understate the scale of immigrant entrepreneurship in the region because firms started by Chinese or Indians with non-Asian CEOs were not counted.
We are being backlashed by the congress and the anti immigration groups, even though we are highly skilled, well educated and staying legally. We have done nothing but help America in its economic growth and in its quest for innovation and technology. Now we are being punished for being here legally and law abiding by putting us in retrogression. We cannot get Salary hike, or promotions when our green card is in process. So while my American colleagues have moved to greener pastures, I am struck here at the same job and same salary. People struck in green card process cannot open new ventures. The new ventures would open new jobs and increases America�s competitive edge in innovation and global leadership in technology. If American congress does not act at this point of time, there will be a �BRAIN DRAIN�. People fed up with retrogression have already started looking at other countries like Australia, Canada who are welcoming high skilled immigrants with open arms and easy migration laws. As for me I have invested my prime youth for my American dream and hope American government will embrace high skilled immigrants like me. Rep. Shadegg has tabled H.R. 5744, SKIL bill for legal high-skilled immigration. This bill would reduce the current wait time for getting the green card. I sincerely urge congress to pass SKIL bill which will reduce the wait times and help high skill immigrants help America to sustain it�s edge on technology and global innovation.
We are getting more calls for op-eds and need more IV members to pitch in and write articles.
more...
santb1975
06-08 07:49 PM
none at all?? :confused:
tinamatthew
07-20 12:37 PM
What happens if I get my EAD after 180 days of concurrent filing i-140 & i-485, and my employer no longer has a vacancy for me. Can I start at another job or do I have to refile the i-140. (I'm not presently working for the company yet - Schedule A applicant)
more...
saimrathi
08-10 01:46 PM
Did you file concurrent?
Its random at best then anything else. According to my lawyer, my application (EB2) was there July 2nd morning.
Its random at best then anything else. According to my lawyer, my application (EB2) was there July 2nd morning.
makemygc
07-06 01:15 PM
Today.. 12:00 EST:)
SKD's next question should be, what was he wearing when you talked to him? Hope he was not in his sleepwear..just waking up from his beautiful dreams.:o
SKD's next question should be, what was he wearing when you talked to him? Hope he was not in his sleepwear..just waking up from his beautiful dreams.:o
more...
.jpg "lack and lue wallpaper moon.")
santb1975
06-22 03:13 PM
We are closer to 20K now more than we were before
ANGEL
07-30 02:04 AM
Icedgin,
I was not married to her when she got her green card.It is even more difficult if we wait for family based petition, so we decided to get it through EB3, which at that time the sched A was very much highlighted.I am also ff any ammendments offered but to our dismay,the battle is even more uphill.She works in ICU and she said that it is undeniably true that shortage of nurses is everywhere.Am sure our wives are also suffering just as bad.Hope none of the lawmakers have to wait in ER becasue the nurse who is suppose to look after her/him is still waiting for his visa. this American dream is just taking its toll on a lot of people.It is very frustrating.
I was not married to her when she got her green card.It is even more difficult if we wait for family based petition, so we decided to get it through EB3, which at that time the sched A was very much highlighted.I am also ff any ammendments offered but to our dismay,the battle is even more uphill.She works in ICU and she said that it is undeniably true that shortage of nurses is everywhere.Am sure our wives are also suffering just as bad.Hope none of the lawmakers have to wait in ER becasue the nurse who is suppose to look after her/him is still waiting for his visa. this American dream is just taking its toll on a lot of people.It is very frustrating.
more...
snathan
08-24 12:16 AM
Context is everything
And people here are scolding and ranting against the program, not "loophole". But why even fight against the so-called loopholes? Don't we have anything better to do? Visa recapture is a much more worthy goal
And BTW, a 30k salary doesn't matter for executives. Jerry Yang works for $1 a year, so does it mean he is not eligible? And what about the executives working for free for a noble cause? Not everyone is money-minded, and they may choose their goals and priorities
You made my day....but you can do better. Come up with somthing make sense.:D
I never knew all these so called multinational executives work for noble cause...hilarious
And people here are scolding and ranting against the program, not "loophole". But why even fight against the so-called loopholes? Don't we have anything better to do? Visa recapture is a much more worthy goal
And BTW, a 30k salary doesn't matter for executives. Jerry Yang works for $1 a year, so does it mean he is not eligible? And what about the executives working for free for a noble cause? Not everyone is money-minded, and they may choose their goals and priorities
You made my day....but you can do better. Come up with somthing make sense.:D
I never knew all these so called multinational executives work for noble cause...hilarious
superdude
07-21 02:28 AM
Voting seems to be on political lines. Democrats probably didn't want to yield any ground because of their dear CIR failure. We need a targeted campaign (strategy) on the Democrats - Hillary spoke very favourably to the Indian student community recently about H-1B and immigrant visas but her vote is not in line with her statements
It is somple politics. Democrats do not want to give credit to President Bush.Presidents approval rating is the worst in the last 30 years.Any bill that Bush supports will be failed in the Senate and the House as well.
It is somple politics. Democrats do not want to give credit to President Bush.Presidents approval rating is the worst in the last 30 years.Any bill that Bush supports will be failed in the Senate and the House as well.
more...
hpandey
07-06 11:04 AM
>> Although 30,000 people are IV members
I beg to differ here. 30k+ plus people have signed up so far, but how many are active now? How many have even logged in IV in last 3 months or even 6 months? I don't see any link to discontinue membership here, so we don't know how many people up signed up and left?
There is no way to know count of "active members". Many IV members have got GC in last 2 years and they have "quitely" left IV and forgotten the struggle by EB based immigrants. How many members stay at IV after getting GC?
Many people believe that by getting EAD they are Temp GC holders and motivation for seeking any benefit is gone.
I am pained to say this, but we are a thankless community.
.
Yes you are right also . As I said a lot of people don't care what happens to everyone else as long as their immediate situation becomes okay or they get a GC. That is why illegal-immigrants have a voice - they have money and they have got mass participation from their community - even people who are citizens here or got GC .
As for our EB community - try going to a person who got citizenship or a GC and then hear what you will get. They will either politely decline or start talking about the abuse of the H1 program and things like that. They won't lift a finger to help us.
Well what can we expect from our fellow EB naturalized citizens and GC holders when even we on H1 or in 485 queue won't help ourselves.
Someone mentioned above that IV has 450K in assets and hence no funding issue. I personally don't think that is enough for bring a change like getting visa recapture or other legislation.
I beg to differ here. 30k+ plus people have signed up so far, but how many are active now? How many have even logged in IV in last 3 months or even 6 months? I don't see any link to discontinue membership here, so we don't know how many people up signed up and left?
There is no way to know count of "active members". Many IV members have got GC in last 2 years and they have "quitely" left IV and forgotten the struggle by EB based immigrants. How many members stay at IV after getting GC?
Many people believe that by getting EAD they are Temp GC holders and motivation for seeking any benefit is gone.
I am pained to say this, but we are a thankless community.
.
Yes you are right also . As I said a lot of people don't care what happens to everyone else as long as their immediate situation becomes okay or they get a GC. That is why illegal-immigrants have a voice - they have money and they have got mass participation from their community - even people who are citizens here or got GC .
As for our EB community - try going to a person who got citizenship or a GC and then hear what you will get. They will either politely decline or start talking about the abuse of the H1 program and things like that. They won't lift a finger to help us.
Well what can we expect from our fellow EB naturalized citizens and GC holders when even we on H1 or in 485 queue won't help ourselves.
Someone mentioned above that IV has 450K in assets and hence no funding issue. I personally don't think that is enough for bring a change like getting visa recapture or other legislation.
yabadaba
08-08 04:02 PM
please guys just write as many as you can...as i pm'ed pappu...my piece was touchy feely, because i wanted it that way. He suggested some additions to add contributions of immigrants/details of retrogression but I declined cos i felt the touchy feeliness (so to speak) would be diluted.
the more number of op/eds we have, the more they can have an ongoing set of articles that can flow to the news media. Momentum!
the more number of op/eds we have, the more they can have an ongoing set of articles that can flow to the news media. Momentum!
ItIsNotFunny
03-12 04:47 PM
Just got the email that Card Production Ordered. I hope it means the GC has been approved. Do any of you know of any situation like this?
This is unbelievable!
Your PD is Apr 03 EB3 India and you got your GC. You won a lottery buddy. Any LUDs etc in recent past?
This is unbelievable!
Your PD is Apr 03 EB3 India and you got your GC. You won a lottery buddy. Any LUDs etc in recent past?
akhilmahajan
09-13 08:21 PM
Here you go Buddy
Order Details - Sep 13, 2007 8:43 PM EDT
Google Order #745174720427596
As i always say.
GO IV GO
Order Details - Sep 13, 2007 8:43 PM EDT
Google Order #745174720427596
As i always say.
GO IV GO
qualified_trash
01-03 03:58 PM
I think it is the perspective that has changed. Until 2 years back we were ready to die to live in this country, we thought our country was crowded, polluted etc. etc. Things haven't changed much there. It's still same, criminals are still the most powerful, power, food & Shelter is still scarce, poor count hasn't decreased. It's just we are not seeing now 'the dark side of the moon'. There's no doubt our American dream is screwed up big time. We have ruined the best times in our lives. Out of these 1 million Visa holders, 1000's would have been entrepreneurs, artists, etc. etc. but this green card chase has beaten us down to H1B Visa holder forever.
my contention is that if you had stayed back, you would not even have what you have today.
assuming that 1000's would have done something better is a VERY big assumption.
my contention is that if you had stayed back, you would not even have what you have today.
assuming that 1000's would have done something better is a VERY big assumption.
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