second jobu payments ela thesukuntaru

[phatposts]

Few options I know. 

1. Run as part of your payroll as quarterly bonus. Bonus ki run aina portion appatiki tax ekkuva cut avtundi. Kaani end of the year lo this bonus gets added to your income and taxes will be handled according to your AGI. Nee tax bracket bonus % kanna takkuva unte you get that amount back. Very clean and simple. 

2. If spouse is not working or makes less money - explore options to run portion of the money in her name. Employer should support for this. 

3. Same as 2 but someone other than spouse. Family member, OPT friend etc. It is trust based as you will be paying their share of taxes and year end filing. Lowers your tax bracket. Kaani trust, relationship etc all come into play. 

4. If Spouse has EAD, open an LLC in his/her name. Send invoice to your employer for "consulting services". Employer pays that to the company (in spouse's name). You maintain the company, pay taxes (including payrol taxes) and file taxes. Kaasta overhead work ekuva, kaani correct gaa implement cheste perfect option idi. Again needs employer's wilingness. 

Inka next anni galeej options

5. Taxes anni katti, employer ki % ichi - 50c (or whatever rate) on the dollar prakaram India lo cash teesukovatam. 
India lo cash proper gaa use chesukogaligithe this is OK. Ala kaakund, India lo unna money venakki teeleka akkada oka thokkalo apartment investment ki  konukkune laaga aithe idi oka worsssssssst option IMO.

6. Idaithe beebhatsamaina galeez vyaparam
Some employers bought barren/undeveloped/farm lands for cheap (under $30k per acre). They will "sell" you that land for $80-$100k per acre. Daaniki oka exit strategy, ability to transfer ownership etc. ilanti logical options emi undavu. Idi maatrame option ante 2nd job lite teesukuni chill avvadam best. 

 

My top preference is #4, then #1, #2, #3

[DesiPokiri]

1 minute ago, ramram58 said:

India lo Pay chesta okay. we can do whatever we want. Ikkada pay chesta ela ani na question. ?

Ikkada cash thEesko, invest in homes.

[signout]

12 minutes ago, ramram58 said:

Lol. good one..   Good strategy 

Thank you bro cc @csrcsr for this thoughts 

[ramram58]

8 minutes ago, phatposts said:

Few options I know. 

1. Run as part of your payroll as quarterly bonus. Bonus ki run aina portion appatiki tax ekkuva cut avtundi. Kaani end of the year lo this bonus gets added to your income and taxes will be handled according to your AGI. Nee tax bracket bonus % kanna takkuva unte you get that amount back. Very clean and simple. 

2. If spouse is not working or makes less money - explore options to run portion of the money in her name. Employer should support for this. 

3. Same as 2 but someone other than spouse. Family member, OPT friend etc. It is trust based as you will be paying their share of taxes and year end filing. Lowers your tax bracket. Kaani trust, relationship etc all come into play. 

4. If Spouse has EAD, open an LLC in his/her name. Send invoice to your employer for "consulting services". Employer pays that to the company (in spouse's name). You maintain the company, pay taxes (including payrol taxes) and file taxes. Kaasta overhead work ekuva, kaani correct gaa implement cheste perfect option idi. Again needs employer's wilingness. 

Inka next anni galeej options

5. Taxes anni katti, employer ki % ichi - 50c (or whatever rate) on the dollar prakaram India lo cash teesukovatam. 
India lo cash proper gaa use chesukogaligithe this is OK. Ala kaakund, India lo unna money venakki teeleka akkada oka thokkalo apartment investment ki  konukkune laaga aithe idi oka worsssssssst option IMO.

6. Idaithe beebhatsamaina galeez vyaparam
Some employers bought barren/undeveloped/farm lands for cheap (under $30k per acre). They will "sell" you that land for $80-$100k per acre. Daaniki oka exit strategy, ability to transfer ownership etc. ilanti logical options emi undavu. Idi maatrame option ante 2nd job lite teesukuni chill avvadam best. 

 

My top preference is #4, then #1, #2, #3

Woww.. What's an explanation. Kudos to you man. 

[ramram58]

11 minutes ago, DesiPokiri said:

Ikkada cash thEesko, invest in homes.

buying home antha legal ee kada. ela cash tho manage chestaru?

[JackSeal]

15 minutes ago, phatposts said:

Few options I know. 

1. Run as part of your payroll as quarterly bonus. Bonus ki run aina portion appatiki tax ekkuva cut avtundi. Kaani end of the year lo this bonus gets added to your income and taxes will be handled according to your AGI. Nee tax bracket bonus % kanna takkuva unte you get that amount back. Very clean and simple. 

2. If spouse is not working or makes less money - explore options to run portion of the money in her name. Employer should support for this. 

3. Same as 2 but someone other than spouse. Family member, OPT friend etc. It is trust based as you will be paying their share of taxes and year end filing. Lowers your tax bracket. Kaani trust, relationship etc all come into play. 

4. If Spouse has EAD, open an LLC in his/her name. Send invoice to your employer for "consulting services". Employer pays that to the company (in spouse's name). You maintain the company, pay taxes (including payrol taxes) and file taxes. Kaasta overhead work ekuva, kaani correct gaa implement cheste perfect option idi. Again needs employer's wilingness. 

Inka next anni galeej options

5. Taxes anni katti, employer ki % ichi - 50c (or whatever rate) on the dollar prakaram India lo cash teesukovatam. 
India lo cash proper gaa use chesukogaligithe this is OK. Ala kaakund, India lo unna money venakki teeleka akkada oka thokkalo apartment investment ki  konukkune laaga aithe idi oka worsssssssst option IMO.

6. Idaithe beebhatsamaina galeez vyaparam
Some employers bought barren/undeveloped/farm lands for cheap (under $30k per acre). They will "sell" you that land for $80-$100k per acre. Daaniki oka exit strategy, ability to transfer ownership etc. ilanti logical options emi undavu. Idi maatrame option ante 2nd job lite teesukuni chill avvadam best. 

 

My top preference is #4, then #1, #2, #3

India lo payment thesukunte india lo tax pay cheyali kadha?

[phatposts]

1 minute ago, JackSeal said:

India lo payment thesukunte india lo tax pay cheyali kadha?

India lo taxation ela manage chestaro naaku assalu telidu bhayya. Naaku 2nd job ledu, India lo income ledu, obv india lo taxes gola ledu. India bank account lo max 1L unchuta anthe. 

[no01]

3 minutes ago, ramram58 said:

buying home antha legal ee kada. ela cash tho manage chestaru?

naaku ade doubt...downpayment aithe nalla dabbu accept cheyyaru kada..mari ela?

leda inko option, old house thakkuva lo koni, motham remodel cheyinchali. Ee re-model work motham cash lo pay cheyyochu...that way, nee house value peruguthundi + re-modeled house ki rents kuda ekkuve.

[DesiPokiri]

5 minutes ago, ramram58 said:

buying home antha legal ee kada. ela cash tho manage chestaru?

You can pay 9k in cash and rest as down payment and buy home

[playboys]

47 minutes ago, Dr_Muddu_Krishna said:

 

Normal  ga how much % employer will take for 2nd job? Us and india lo.. ?

[DesiPokiri]

2 minutes ago, no01 said:

naaku ade doubt...downpayment aithe nalla dabbu accept cheyyaru kada..mari ela?

leda inko option, old house thakkuva lo koni, motham remodel cheyinchali. Ee re-model work motham cash lo pay cheyyochu...that way, nee house value peruguthundi + re-modeled house ki rents kuda ekkuve.

What is nalladhanam bro? You can simply get cashiers check from Walmart or elsewhere until for 9k, who will ask how you paid? 

[JackSeal]

3 minutes ago, phatposts said:

India lo taxation ela manage chestaro naaku assalu telidu bhayya. Naaku 2nd job ledu, India lo income ledu, obv india lo taxes gola ledu. India bank account lo max 1L unchuta anthe. 

yearly deposits 10lakh above unte (other than international remittances into NRI account), income tax will serve notice automatically if you didn’t pay tax for that year… ela manage chesthara ani doubt 

[DesiPokiri]

Just now, JackSeal said:

yearly deposits 10lakh above unte (other than international remittances into NRI account), income tax will serve notice automatically if you didn’t pay tax for that year… ela manage chesthara ani doubt 

Split the accounts in your family and get that salary deposited and take it and out and invest somewhere. Use your brain uncle 

[no01]

5 minutes ago, DesiPokiri said:

What is nalladhanam bro? You can simply get cashiers check from Walmart or elsewhere until for 9k, who will ask how you paid? 

loan ki apply chesthe, they will check your last few months of history kada...how did u manage to get downpayment kuda chustharu kada. I know cash is accepted, but ah dabbu source enti ani adigithe?

[phatposts]

6 minutes ago, JackSeal said:

yearly deposits 10lakh above unte (other than international remittances into NRI account), income tax will serve notice automatically if you didn’t pay tax for that year… ela manage chesthara ani doubt 

evo schemes untayi emo india lo. mother peru meeda petti - puutinti aasthi, bokka boshanam ani