Jump to content
Sign in to follow this  
survivingnemo

Net cash value of real estate and bank account

6 posts in this topic

Recommended Posts

Filed: IR-5 Country: China
Timeline

Can I use the Notice of Property Value, which is mailed from the Department of Finance of the city every January ? Or do I have to get a paper from a certified appraiser.

Regarding the $$ on the checking/saving/CD, do I need to get some paper from the bank ? Or I can simply put the amount in the form.

Thank you very much !!!

Share this post


Link to post
Share on other sites
Filed: IR-1/CR-1 Visa Country: Vietnam
Timeline

If your annualized income meets the requirement then the other info in not needed. If you want to use your home then a recent valuation from a licensed appraiser is needed. Tax valuations are not acceptable.

For bank accounts, if needed, a few recent statements ought to be enough.


I-864 Affidavit of Support FAQ -->> https://travel.state.gov/content/visas/en/immigrate/immigrant-process/documents/support/i-864-frequently-asked-questions.html

FOREIGN INCOME REPORTING & TAX FILING -->> https://www.irs.gov/publications/p54/ch01.html#en_US_2015_publink100047318

CALL THIS NUMBER TO ORDER IRS TAX TRANSCRIPTS >> 800-908-9946

PLEASE READ THE GUIDES -->> Link to Visa Journey Guides

MULTI ENTRY SPOUSE VISA TO VN -->>Link to Visa Exemption for Vietnamese Residents Overseas & Their Spouses

Share this post


Link to post
Share on other sites
Filed: IR-5 Country: China
Timeline

If your annualized income meets the requirement then the other info in not needed. If you want to use your home then a recent valuation from a licensed appraiser is needed. Tax valuations are not acceptable.

For bank accounts, if needed, a few recent statements ought to be enough.

Thank you !

My income in 2009 was slightly below the line, about 17,000. In the last two years, they are both above it, but not by too much.

That's why I want to show my condo value just to be safe.

There are taxable value, actual assessed value and market value in the form from the city.

The actual assessed value from the city is actually way blow the fair market value. My guess is the number would be higher if I get that from a licensed appraiser. But I would rather save the trouble if the actual assessed value from the city is sufficient.

It might be easier just providing the bank information. But is it ok if leave the real estate part blank ?

Anyone has a better idea?

Share this post


Link to post
Share on other sites
Filed: IR-1/CR-1 Visa Country: Vietnam
Timeline

Thank you !

My income in 2009 was slightly below the line, about 17,000. In the last two years, they are both above it, but not by too much.

That's why I want to show my condo value just to be safe.

There are taxable value, actual assessed value and market value in the form from the city.

The actual assessed value from the city is actually way blow the fair market value. My guess is the number would be higher if I get that from a licensed appraiser. But I would rather save the trouble if the actual assessed value from the city is sufficient.

It might be easier just providing the bank information. But is it ok if leave the real estate part blank ?

Anyone has a better idea?

Assets are factored at a 3:1 ratio ($3 in assets = $1 of income). Current and continuing income is what is measured. 2009 won't matter.

If income is sufficient, leave the other sections blank.


I-864 Affidavit of Support FAQ -->> https://travel.state.gov/content/visas/en/immigrate/immigrant-process/documents/support/i-864-frequently-asked-questions.html

FOREIGN INCOME REPORTING & TAX FILING -->> https://www.irs.gov/publications/p54/ch01.html#en_US_2015_publink100047318

CALL THIS NUMBER TO ORDER IRS TAX TRANSCRIPTS >> 800-908-9946

PLEASE READ THE GUIDES -->> Link to Visa Journey Guides

MULTI ENTRY SPOUSE VISA TO VN -->>Link to Visa Exemption for Vietnamese Residents Overseas & Their Spouses

Share this post


Link to post
Share on other sites
Filed: IR-1/CR-1 Visa Country: Vietnam
Timeline

Right, but I am not sure how much I will make this year.

I work part time and get paid by hour.

That's the problem. :innocent:

Do the math based on what you reasonably expect to earn this year. Support that claim with an employer letter and recent paystubs. if the assets will get you over the line then get the valuation. If you are going to be short, then obtain a joint sponsor.

Edited by Anh map

I-864 Affidavit of Support FAQ -->> https://travel.state.gov/content/visas/en/immigrate/immigrant-process/documents/support/i-864-frequently-asked-questions.html

FOREIGN INCOME REPORTING & TAX FILING -->> https://www.irs.gov/publications/p54/ch01.html#en_US_2015_publink100047318

CALL THIS NUMBER TO ORDER IRS TAX TRANSCRIPTS >> 800-908-9946

PLEASE READ THE GUIDES -->> Link to Visa Journey Guides

MULTI ENTRY SPOUSE VISA TO VN -->>Link to Visa Exemption for Vietnamese Residents Overseas & Their Spouses

Share this post


Link to post
Share on other sites
 
Didn't find the answer you were looking for? Ask our VJ Immigration Lawyers.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  
- Back to Top -


Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...