Finance & Money#Tag

Is Real estate cash back taxable?

Is Real Estate Agent Cash Back Taxable in US (1099 MISC?)

Anil Gupta
  By Anil Gupta      Updated  5 Jul, 20

Real estate cash back is not taxable. Agent should not issue form 1099-MISC. IRS considers rebate as discount on home purchase price. No need to show on 1040 return.

#Finance & Money
Where do Indians in USA invest to make money

Where do Indians in USA Invest to Make Money?

Anil Gupta
  By Anil Gupta      Updated  29 Jun, 20

Indians prefer investing in US stocks to make money as the best option. Buying rental property is good option followed by gold bar. NRE/NRO FD is last choice.

#Finance & Money
Save Tax India

In-Hand Salary Calculator 2020, Pay Slips, Monthly Tax

Anil Gupta
  By Anil Gupta      Updated  21 Jun, 20

Find monthly net salary in India after taxes & PF deduction, home loan eligibilty, HRA tax benefit, CTC, salary slips and investment options.

#Finance & Money
Avoid Sales Tax gold buying in USA

How to Avoid Sales Tax on Jewelry in USA (Buy Online)

  By Am22tech      Updated  11 Jun, 20

Buy online to avoid Sales tax on Jewelry & ship. Use tax is required. Engagement ring from zero sales tax state like New Hampshire, Oregon - pay in cash.

#Finance & Money
Australia NBN internet for new comers - PR holders and students

Best NBN Network in Australia (for New PR Holders)

Anil Gupta
  By Anil Gupta      Updated  9 Jun, 20

NBN is high speed broadband internet in Australia. Buying modem is mandatory in Optus, Telstra, Vodafone plans but no contract. Use your own Modem NBN Plans by smaller provider.

#Finance & Money #opinion

Is buying House on H1B Visa in USA Profitable?

Anil Gupta
  By Anil Gupta      Updated  9 Jun, 20

Buying house on H1B visa is risky. Break even in 5 yrs. Home price drops in US fast based on city, jobs, economic conditions. Buy used house for investment.

#Finance & Money #H1B work visa