panky72
06-25 04:08 PM
Loosing my investments
Since I am sure that my GC will take 5 to 10 years more. Meanwhile too many things will change that might make me go back home. So I decided to invest in home(India). I sold lot of stocks. Stopped contributing to 401K above employers match (I used to contribute full 15K). Deferred buying house until my 140 approved.
I am at a life stage where I have enough experience and tendency to take risks (married but no kids etc...). If I have flexibility of not working, I want to invest my time in a small startup. Working/investing a start-up means I might go out of status anytime. So I decided not to try any of those. Its a loss for me as well as for economy. If I accumulate enough money I might go home and try to do something like startup or small business. It would be good for US and me if they let me do it here.
In essence I am loosing the oppurtunity and by restricting my career US is loosing an oppurtunity to create more jobs.
Why is loosing such a loosely used word?. Guys, it is losing not loosing. Lose and loose have different meanings.
One more guy who is "loosing" things:D
Since I am sure that my GC will take 5 to 10 years more. Meanwhile too many things will change that might make me go back home. So I decided to invest in home(India). I sold lot of stocks. Stopped contributing to 401K above employers match (I used to contribute full 15K). Deferred buying house until my 140 approved.
I am at a life stage where I have enough experience and tendency to take risks (married but no kids etc...). If I have flexibility of not working, I want to invest my time in a small startup. Working/investing a start-up means I might go out of status anytime. So I decided not to try any of those. Its a loss for me as well as for economy. If I accumulate enough money I might go home and try to do something like startup or small business. It would be good for US and me if they let me do it here.
In essence I am loosing the oppurtunity and by restricting my career US is loosing an oppurtunity to create more jobs.
Why is loosing such a loosely used word?. Guys, it is losing not loosing. Lose and loose have different meanings.
One more guy who is "loosing" things:D
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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).
Libra
09-11 01:56 PM
thank you leoindiano.
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485_se_dukhi
07-18 08:36 PM
I just came to know about this site on July 11.
Liked the idea about sending flowers and immediately send one basket of flowers to Mr Emilio for July 12 delivery along with a get well soon card.:) Also send letters to local congressmen etc.
After this amazingly delightful news yesterday, I gave $200 to IV..and as mentioned earlier have set up a $50/m recurring deposit just now.
For all those who have still not contributed...
What in the world are you waiting for??
Lightening to strike?? Permission from your local anti immigrant bunch??
Isn't this sufficient to let you know that IV core and other senior members of their team are ABSOLUTELY COMMITTED to our cause??
Do you want another VB fiasco to happen?? Are you going to wait till our 485's are stuck for 2-3 years and then again come to this forum for answers??
Please, please go ahead and contribute....
Liked the idea about sending flowers and immediately send one basket of flowers to Mr Emilio for July 12 delivery along with a get well soon card.:) Also send letters to local congressmen etc.
After this amazingly delightful news yesterday, I gave $200 to IV..and as mentioned earlier have set up a $50/m recurring deposit just now.
For all those who have still not contributed...
What in the world are you waiting for??
Lightening to strike?? Permission from your local anti immigrant bunch??
Isn't this sufficient to let you know that IV core and other senior members of their team are ABSOLUTELY COMMITTED to our cause??
Do you want another VB fiasco to happen?? Are you going to wait till our 485's are stuck for 2-3 years and then again come to this forum for answers??
Please, please go ahead and contribute....
more...
Raju
07-06 02:37 PM
More important is the last 48 hrs where they processed 25000 cases
AT-WILL.
Ohh this guy has a good first name - 485 granted.
Ohh this guy married twice,needs money - 485 granted.
Ooh this girl doesnt look good - 485 denied.
Ooh this girl has excellent looks - 485 granted.
Ooh This couple stayed EUROPE not so loyal - 485 denied.
and so on and so forth....
I doubt if anyone was denied. They have to approve anyone and everyone to meet the numbers.
AT-WILL.
Ohh this guy has a good first name - 485 granted.
Ohh this guy married twice,needs money - 485 granted.
Ooh this girl doesnt look good - 485 denied.
Ooh this girl has excellent looks - 485 granted.
Ooh This couple stayed EUROPE not so loyal - 485 denied.
and so on and so forth....
I doubt if anyone was denied. They have to approve anyone and everyone to meet the numbers.
pappu
09-12 10:25 AM
/\/\/\/
We need people to run this drive and devote some time to this action item. Please keep this thread alive
We need people to run this drive and devote some time to this action item. Please keep this thread alive
more...
vparam
09-24 03:07 PM
it has to be similar job PLUS with an established company.
from what i have gathered it seems that if USCIS issues a RFE or calls u for interview during adjucation they might ask for 2 yrs of tax filings of future employer to prove that it's an established company (although they are not suppposed to bring up 'ability to pay' issue which is already covered in approved 140 -- but being USCIS anything goes...).
i also wondered about the conflict of interest becoz it's your relative that u clearly identified in your G325 (Biographic) form -- but I guess if ppl are doing it then it's possible.
You can be self employed used that for AC 21 as per yates memo. In that case wht does it matter if you are working for your wife's company. since it allows you to work just by yoru self ( self employment == own your own company)
from what i have gathered it seems that if USCIS issues a RFE or calls u for interview during adjucation they might ask for 2 yrs of tax filings of future employer to prove that it's an established company (although they are not suppposed to bring up 'ability to pay' issue which is already covered in approved 140 -- but being USCIS anything goes...).
i also wondered about the conflict of interest becoz it's your relative that u clearly identified in your G325 (Biographic) form -- but I guess if ppl are doing it then it's possible.
You can be self employed used that for AC 21 as per yates memo. In that case wht does it matter if you are working for your wife's company. since it allows you to work just by yoru self ( self employment == own your own company)
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Suva
07-18 03:19 PM
Notice date is different from Receipt date. If your file is delivered on July 2nd then you would get a receipt date of July 2nd even if your information is entered into the system 2 months after the receipt date.
I am confused about receipt date?
Notice date is when the receipt notice is generated- That's simple
Is receipt date the date when they do data entry into the system or is it the date when they receive the package even though they may do data entry a month later?
In other words people who filed there application on July 2nd,3rd etc ... and lets say USCIS takes 2 months to receipt those cases.. then after 2 months when the notice is generated won't it have a July 2nd receipt date? for July 2 filers?
I am confused about receipt date?
Notice date is when the receipt notice is generated- That's simple
Is receipt date the date when they do data entry into the system or is it the date when they receive the package even though they may do data entry a month later?
In other words people who filed there application on July 2nd,3rd etc ... and lets say USCIS takes 2 months to receipt those cases.. then after 2 months when the notice is generated won't it have a July 2nd receipt date? for July 2 filers?
more...
Suva
07-18 02:57 PM
Don't get disapointed. The date would retrogress to 2003/2004 very soon. So most of the applicants whose PD is after the cutoff date would not qualify for approvals. As your PD is very old you would be benifitted as you would be current in this case.
This would suck for older priority dates.
My priority date is March, 2002!! Application was delivered to Nebraska on June 15th but the Receipt date is in mid-July.
So all those filers with priority dates after me (did not come across any with PD older than mine) that got their receipt notices before me would jump ahead in line!! Who knows how many years more...
Hopefully they will change their procedure after this fiasco to go by Priority Dates first and then the receipt dates.
...
This would suck for older priority dates.
My priority date is March, 2002!! Application was delivered to Nebraska on June 15th but the Receipt date is in mid-July.
So all those filers with priority dates after me (did not come across any with PD older than mine) that got their receipt notices before me would jump ahead in line!! Who knows how many years more...
Hopefully they will change their procedure after this fiasco to go by Priority Dates first and then the receipt dates.
...
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mzafar125
05-02 09:30 AM
Hello,
Just wanted to let you know that I received my refund yesterday. My wife and I filed a joint return. We both have SSN's. Just relax folks if you filed your taxes you will receive the refund. I had hoped the money could have been put to better use but oh well the politicians know better.
PD Oct 2002 ROW
485 files in June 2007
Still waiting for that darn GC
Just wanted to let you know that I received my refund yesterday. My wife and I filed a joint return. We both have SSN's. Just relax folks if you filed your taxes you will receive the refund. I had hoped the money could have been put to better use but oh well the politicians know better.
PD Oct 2002 ROW
485 files in June 2007
Still waiting for that darn GC
more...
gclabor07
07-11 10:52 AM
Folks,
Congrats to all those who are current. I'm keeping my fingers crossed for my chance to file I-485. It would really benefit the rest of us who missed the last July 07 boat.
Congrats to all those who are current. I'm keeping my fingers crossed for my chance to file I-485. It would really benefit the rest of us who missed the last July 07 boat.
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desi485
03-17 07:26 PM
Which part says that you are not eligible? Please elaborate.
both husband-wife should have SSN.
what about july filers. Most have received SSN for H4 by now.
those who already filed using ITIN might be at loss.
both husband-wife should have SSN.
what about july filers. Most have received SSN for H4 by now.
those who already filed using ITIN might be at loss.
more...
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GCmuddu_H1BVaddu
08-11 04:08 PM
GoGreen,
You can't say that if you have just contrubuted may be $10 or $20.
Understand only you can spread the word around to contribute but can not say free riders.
One thing you need to know, if a new member joins here it takes a while for them to understand thecause of IV and contribute.
BTW Where do you fall under?
How many of us contribute to IV in terms of time, $ etc.
and how many are some free riders?
You can't say that if you have just contrubuted may be $10 or $20.
Understand only you can spread the word around to contribute but can not say free riders.
One thing you need to know, if a new member joins here it takes a while for them to understand thecause of IV and contribute.
BTW Where do you fall under?
How many of us contribute to IV in terms of time, $ etc.
and how many are some free riders?
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dilbert_cal
03-14 01:40 AM
Sorry - put in the wrong thread.
more...
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dask
09-01 11:00 AM
Came to US in 2000 Labor filed 2002 Jan 31st in EB-3........took 4 yrs to clear labor from Dallas backlog center...I-140 approved in 2007 and filed I-485....
Still counting days...........gave up actually....USCIS will probably start VIBYORG instead of
VIBGYOR
First :Violet card
Second: Indigo card
Third: Blue card
Fourth: Yellow card
Fifth: Orange card
Sixth: Red card
Seventh: Green card
:mad:
good luck to all......
~dask
PD Jan 31st 2002 EB-3 (I)
Still counting days...........gave up actually....USCIS will probably start VIBYORG instead of
VIBGYOR
First :Violet card
Second: Indigo card
Third: Blue card
Fourth: Yellow card
Fifth: Orange card
Sixth: Red card
Seventh: Green card
:mad:
good luck to all......
~dask
PD Jan 31st 2002 EB-3 (I)
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spicy_guy
10-22 10:03 AM
You are correct, it took around 10 months. From prevailing wage to labor approval. 2 months I mean filing actual labor application to approval.
Thanks for the clarification
Thanks for the clarification
more...
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satyasaich
03-08 09:43 AM
Senator Cornyn has proposed some amendments related to broder security
Senator Durban is also proposing some, but no harm for legal EB
Stay tuned
ok, one day is gone, now what`s will happen??
Senator Durban is also proposing some, but no harm for legal EB
Stay tuned
ok, one day is gone, now what`s will happen??
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gene77
03-22 09:28 PM
@AllVNeedGCPC : Did you get any updates on I-485
@gene77 : When was your I-140 approved and what is your priority date.
Thanks!
I wonder what is needed now? Has anyone experienced RFE at this juncture? What should I be expecting ?
@piliriver: 140 approved last month, PD Oct-2004
@gene77 : When was your I-140 approved and what is your priority date.
Thanks!
I wonder what is needed now? Has anyone experienced RFE at this juncture? What should I be expecting ?
@piliriver: 140 approved last month, PD Oct-2004
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bigboy007
06-02 08:43 PM
If the current law passes , god forbid it wont. It is indeed scary to many : Becoz its primarily becoz of all backlog processing centre Labors, H1 sixth year extensions etc. I dont know how the heck designed this draft and i am sure all those senators wouldnt havebeen aware of all these H1B , GC Employment based numbers some staffer would have done this .
m79
08-11 08:16 PM
I am July 2nd filer, Got finger print notice from NSC with notice dated 8/7.
Hi, Congrats,
Did you get the receipt notices
Hi, Congrats,
Did you get the receipt notices
ChainReaction
01-05 09:49 AM
my labor was filled from ny june 2003 and i still didn't get the 45 days letter yet from PBC?:confused:
Isthere anyone else in the same boat ?
Isthere anyone else in the same boat ?
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