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Search: Posts Made By: capin
Showing results 1 to 25 of 99
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Forum: USA
Dec 14th 2021, 3:31 pm
Replies: 18
Views: 2,934
Posted By capin

Re: Rent or Sell

I've been reading up on this. Does anyone know the definition of refinancing according to the IRS please. Would switching interest rates (same account number, same amounts, same bank) be counted as...
Forum: USA
Jan 29th 2021, 4:35 pm
Replies: 26
Views: 6,004
Posted By capin

Re: Using VPN to watch British TV

I setup my own OpenVPN server in an AWS datacenter in London. Costs me about ten pounds a month but is bulletproof.
Forum: USA
Dec 16th 2020, 6:41 pm
Replies: 5
Views: 1,245
Posted By capin

Re: Need some tax help

It won't be a big deal as long as I can get a credit in Ireland for the US taxes I paid. If I can't, I think I am on the hook for about 60K USD + interest.

Thanks again.
Forum: USA
Dec 16th 2020, 6:23 pm
Replies: 5
Views: 1,245
Posted By capin

Re: Need some tax help

Thanks Jerseygirl.

If the tax treaty worked that would be amazing.

Ireland goes back as far as it wants and the interest is 10.5% /year and the penalty is up to 100% of tax owed.
Forum: USA
Dec 16th 2020, 5:47 pm
Replies: 5
Views: 1,245
Posted By capin

Need some tax help

Hi All,

I made a big mistake.

I moved from Ireland to the USA in 2015. It was a transfer with a US tech firm with offices in Ireland and USA. In 2016 I became tax resident in the USA and my...
Forum: Moving back or to the UK
Dec 12th 2020, 9:31 pm
Replies: 1
Views: 1,485
Posted By capin

Moving money back to the UK

Hi all,

I am mulling over moving back to the UK in 2022.

I have a 401K with about $200000 in it and a house in the US with about $300000 in equity (The gain is is about $200,000)

If I sell...
Forum: US Immigration, Citizenship and Visas
Nov 17th 2020, 2:20 pm
Replies: 24
Views: 3,427
Posted By capin

Re: When does my employer need to start preparing a H1B for me?

Back in 2015, I think mine took about 4 months as we picked up an RFE which we had to deal with.

I'm 5 and a bit years into my L1B with an end date of April next year. I got my initial visa at the...
Forum: USA
Nov 15th 2020, 4:16 pm
Replies: 12
Views: 2,952
Posted By capin

Re: Selling UK house

Thanks all for the replies.

The real crux of the issue for me comes down to 2 points -

1. If the purchase price is converted to dollars using the value on the day the property was purchased and...
Forum: USA
Nov 14th 2020, 9:31 pm
Replies: 12
Views: 2,952
Posted By capin

Re: Selling UK house

Thankyou, I did have a look at that.

edit - Understand that UK CGT will come into this too but I think I can claim this as a credit against USA CGT
If I decide to sell, I will take professional...
Forum: USA
Nov 14th 2020, 7:14 pm
Replies: 12
Views: 2,952
Posted By capin

Re: Selling UK house

Dredging up an old thread but.....

Does anyone know on what basis the IRS (or I) calculate the forex rates on certain days or months please?

Thanks,
Forum: US Immigration, Citizenship and Visas
Oct 7th 2020, 8:55 pm
Replies: 24
Views: 8,580
Posted By capin

Re: L1 - extension denied (PANIC!!!)

I had bit of a look about - I am currently on 2.875% with about 10 years left.

Scrap of paper calculations tell me that it will take about 5 years to recover costs and I honestly don't think we...
Forum: US Immigration, Citizenship and Visas
Oct 7th 2020, 8:14 pm
Replies: 24
Views: 8,580
Posted By capin

Re: L1 - extension denied (PANIC!!!)

I would refinance but I plan to be out of here by mid 2024 so probably not worth the cost and hassle.
Forum: US Immigration, Citizenship and Visas
Oct 7th 2020, 8:00 pm
Replies: 24
Views: 8,580
Posted By capin

Re: L1 - extension denied (PANIC!!!)

OP,

I'm guessing a bit here, I am an L1B and not legally qualified.

I think there is a provision that you may be eligible (but not entitled) to a 60 day grace period after your denial. I think...
Forum: US Immigration, Citizenship and Visas
Oct 7th 2020, 7:14 pm
Replies: 24
Views: 8,580
Posted By capin

Re: L1 - extension denied (PANIC!!!)

All reasonable considerations.

The one thing I would change is that I would have taken a 30 year mortgage rather than a 15 and invested the difference in some kind of IRA or savings vehicle.
Forum: US Immigration, Citizenship and Visas
Oct 7th 2020, 2:56 pm
Replies: 24
Views: 8,580
Posted By capin

Re: L1 - extension denied (PANIC!!!)

Sometimes you just have to roll the dice.

I bought my house in NC after being here for a year on an L1B in 2016. House prices have jumped 30% in the past 4 years. Even if my GC is denied, I've...
Forum: The Trailer Park
Sep 20th 2020, 12:35 am
Replies: 208
Views: 32,916
Posted By capin

Re: Who else is concerned about trip to UK for Christmas with family?

We were lined up to go to my wife's hometown in Northern Thailand (Phitsanulok) in Novermber and back to my home in London for Christmas. Both have gone out the window.
Forum: USA
Jul 22nd 2020, 3:52 pm
Replies: 2
Views: 734
Posted By capin

Re: Social security

Thanks Rete

Just googled Windfall Act and reading.
Forum: USA
Jul 22nd 2020, 3:34 pm
Replies: 2
Views: 734
Posted By capin

Social security

Hi All,

I've been in the USA for almost 5 years now and am going to be 47 next week. I've been maxing out the 401k since I got here and I have 24 credits so far towards social security.

I have...
Forum: US Immigration, Citizenship and Visas
Jul 22nd 2020, 3:18 pm
Replies: 34
Views: 5,635
Posted By capin

Re: At the beginning ...

We are lucky at my US based technology company. I'm just a systems engineer (and not a manager) and have 7 years service which gets me 19 days vacation per year (this maxes out at 21 days after 9...
Forum: USA
Jul 2nd 2020, 6:15 pm
Replies: 33
Views: 6,534
Posted By capin

Re: H1 and L1 visas to be suspended by President.

Not yet but the proclomation implies that something may be coming down the line for EB2, EB3 wrt PERM and I140.
Forum: USA
Jun 28th 2020, 5:01 pm
Replies: 33
Views: 6,534
Posted By capin

Re: H1 and L1 visas to be suspended by President.

As a fellow "L", I hope things work out for you but I fear that if DT wins the election, The ban will continue.

You may already know this but the clock does not start ticking on L until you enter...
Forum: US Immigration, Citizenship and Visas
Jun 26th 2020, 1:18 am
Replies: 13
Views: 1,510
Posted By capin

Re: L1A-GC Interview cancelled day before

OK, maybe is should have said, “Green cards applied for from outside the USA”.

The broad brush is that for now, if you are in the USA, your GC application should proceed but I am also a bit...
Forum: US Immigration, Citizenship and Visas
Jun 26th 2020, 1:15 am
Replies: 13
Views: 1,510
Posted By capin

Re: L1A-GC Interview cancelled day before

yep, same as me.
Forum: US Immigration, Citizenship and Visas
Jun 25th 2020, 10:58 pm
Replies: 13
Views: 1,510
Posted By capin

Re: L1A-GC Interview cancelled day before

My understanding is that there are no green cards to be issued to people outside the USA for the rest of the year with some exception categories.
Showing results 1 to 25 of 99
 
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