Saturday, June 25, 2011

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  • stldude
    08-07 01:08 PM
    What's the source of of this information... Is this u'r guess or from any other source ???

    July 2nd filers can expect their receipts by Friday(8/10) or Monday(8/13). It will take 3 days for them to just process July 2nd receipts.




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  • jonty_11
    07-06 01:56 PM
    http://infotech.indiatimes.com/articleshow/2180544.cms
    old news...please look thru threads before posting.




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  • vram
    08-26 02:49 PM
    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).

    You can quote any IRS publication/regulation, which is issued bt IRS with the assumption that the Lender issues a 1040 to you and simultaneously notifies the IRS the intrerst earned by the Lender from your Mortgage .

    And the point is how do you show the intrest paid on the Mortgage if the International Lender does not issue a 1040. Any attachment/print out you provide showing the intrest you paid is not suffice as long as the IRS does not know that intrest was not accrued in their File. Since International Banks dont register their intrest earned with IRS.

    All I mean to say is, it is a Closed loop sytem where the Lender registers his intrest earned with IRS and sends a 1040 to you so that you can claim the tax exemption based on your intrest paid

    I am 100% confident that.




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  • ilikekilo
    04-30 05:09 PM
    Some idiot gave me a red for asking for this translation...Whoever that is, please note that not all speak Hindi and I wanted to know what the poster was saying. So, go screw yourself if you don't like it.:mad::mad:

    how do u know if someone gives u red?



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  • leoindiano
    04-30 03:22 PM
    "Lowsy job and recapturing wouldn't help a lot! needs to explore other possibilities..."

    I smell some delay tactics there...:)




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  • akhilmahajan
    03-12 10:56 AM
    Give the Core team a break. What you think they have nothing else to do?
    They have families and above all they have a life. IV is not paying for their family or anything, so they have to work and earn for their livelihood. They do all this in their spare time, and not like you, who always end up criticizing.

    Think before you start bashing or belittle anyone;s efforts.

    Go I/V GO. TOGETHER WE CAN



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  • satishku_2000
    07-05 05:05 PM
    No... Why?

    Can you please tell me the senators office you called so that I can call them too ..:) more calls the better




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  • drona
    07-20 04:56 PM
    Sent you an email regarding your post.



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  • mbawa2574
    03-04 05:16 PM
    Not sure if anyone else has faced this so wanted to put this out: I own a home and have a loan on it since 2003 (I was on H1 when i took the loan), now that the ARM is about to adjust i am in the market for refinance.

    There is however a question on all the loans underwritten by freddy/fanny asking for immigration status and if the answer is EAD the loan is denied. They even sent me an explanation of denial.....:confused:

    Obama is ready to give out a home loan to a drug dealer on the street but a hardworking,tax paying , wealth creator skilled immigrant won't get it.

    So this is a new feature of Obama Nation:mad:

    Liberals shame on you for electing this inexperienced socialist communist to the white house.




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  • iptel
    08-01 01:02 PM
    Hello everyone,

    IV would like to submit op-ed articles written by IV members to various newspapers and websites . It maybe one more avenue for us to get our voices heard and generate awareness for our cause.

    We would like to invite members who either have journalism background or have good writing skills and can volunteer to write a few op-ed pieces for us. The information material is available on the resources section of the IV website. Let us know if you need any further information.

    Please get in touch with me or the media team if you are interested.
    I will be more than happy if I can help. Please note I do not have any journalism background.



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  • Green.Tech
    06-18 11:54 AM
    Today's Funding Drive Requirements, We are looking for


    Two 500$ heroes (EB1) or
    Ten 100$ heroes (EB2) or
    Twenty 50$ heroes (EB3) or
    Any combination of above* Classification is for fun, no offense

    Good one wandmaker!

    Got one hero today (thanks pointlesswait)...Where are other heroes?




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  • sbdol
    07-20 10:46 PM
    I must say I was really shocked !
    What the argument would one bring against recapturing of the lost visas ?
    People who are in the line will eventually get their greencards although going through much more suffering. So from the point of view of anti/proimmigrants the amendment does not change anything in the long run.

    If they were concenred about H-1Bs that part could be debated and split from the visa recapture issue.

    I wander how would many answer inevitable questions from the press about word & dead discrepancies. Practivally everybody who opposed CIR claimed that they suppor legal immigration but do not want to encourage those who broke the law and came here illegaly. It's like a movie where the truth reveals in the most unexpected form.
    Well at least they have shown their true faces now.



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  • ronhira
    08-12 02:36 PM
    yawnnnnnnnn...... i'm waiting for someone to start attacking & blaming others for this...... something like andra v/s tamil or north v/s south india fight..... when r we going to start that..... i'm ready with a box of popcorn to enjoy that "debate"..... lets add some masala to this.... otherwise its boring.....




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  • nc14
    05-31 09:27 AM
    $50 recurring sent to IV yesterday.


    .................................................. ...
    $320 + $50 recurring

    Proud to be an IVian. GO IV GO..



    Yes we have to



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  • polapragada
    09-14 12:16 PM
    Please do not make false statements. You are trying to paint everyone with the same brush.

    I had a Masters at the time EB3 was filed in 2002....from a top US school. The employer was okay with any category. The lawyer messed up...said that all categories were current and he knows best.

    This might be true in your case but not with every body else




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  • rameshavula
    01-12 03:59 PM
    EB3 RIR, Pennsylvania
    Sep, 2004



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  • franklin
    04-26 10:43 AM
    Will post on Nor Cal chapter group




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  • Mouns
    04-30 03:37 PM
    And the situation prior to surge wasnt any better either. I remember in 2006, the PD for India EB3 was April 2001 and now its Nov 2001. :mad:

    This was directed to people who were current. If you are from India, China, Mexico, Philippines, get used to waiting. Your backlog is due to numerical limits. And this won't change (the way I see it)




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  • frostrated
    08-12 01:10 PM
    Not true. Whatever they can outsource, its already gone. There are certain position where the clients demand onsite resource. I am not supporting this bill in anyway, I hate infy as much as I hate this bill. Remember these companies did not leave any stone unturned, milked the client every possible way and expoilted the employees to the maximum extent. In one another post - VLDRao was saying these companies does the tax filing on behalf the emoloyee, get the refund and again claim that tax in india using double taxation aoivdance treaty.

    My wife works in a company where a good number of IT folks are staffed by INFY. The poor quality of work made the company think about not extending INFY's contract. But then it came out in the open that there was no documentation on how the applications were built, etc. INFY got wind of this, and now they have positioned themselves in the organization where without them, this company's IT would collapse.

    There are many such stories of outsourcing firms that are holding client companies hostage. Though I do not agree with the bill, I think the bill brings back some ethics into play. Especially the L1 loophole.




    pd_recapturing
    11-25 09:37 PM
    bkn96, Thanks a lot for this information.

    Guys, I was just wondering whether we can talk to Ron Gotcher/Greg Siskind to take up our case with AILA or USCIS. Ron Gotcher seems to be very very unhappy about this wrong doing of USCIS. Any suggestion?




    pitha
    06-02 11:35 PM
    You are being too naive by giving benefit of doubt to senators and blaming some lowly staffer. The senators and there cohots (aka ron hira etc) who wrote this law wrote it specifically so that

    1. to make it difficult to get green card through h1b route
    2. make life even more difficult for people already stuck in retrogression.

    I wonder where the famous "compassion" that both democrats and republicans talk about while giving amnesty aka Z visa to illegals who came here as early as Jan 1 2007 but are sticking it to us EB folkes who have been here following the rules and paying taxes for the last 7 to 8 years.


    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 .



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