r2i forum

[URL="http://www.r2iclubforums.com/clubvb/member.php?u=182"]NRIInvestor2006[/URL], I took time to review many relevant IRS publications yesterday and now I understand your points better. My conclusion is when it comes to tax deductions, IRS laws are inherently designed to give incentives to people ...

[U]NRIInvestor2006,[/U] your ans clarifies the question I had on capital investment. But I see companies (corps) writing off investments... Not sure if they are governed by different rules. Regarding the first home, only the interest paid over and above standard deduction becomes useful for tax. For ...

Three points that I want to emphasize.. 1. No real estate or first home mortgage. 2. Only legal ways without any misuse of tax laws. 3. All retirement savings(401K, IRA) are maxed out. I have been thinking of starting a product based company for long time as a part time business, focussed on ...

Folks, Let us say , some one has $100K gain in stock option sales in 2007 financial year. With option's tax rate of about 42%, roughly $42K goes just for the tax. For someone who refuses to buy into the speculative world of US real estate market especially in Bay area (hence no mortgage, not even ...

Layman, thanks for your response. I just went through IRS 590 document and it has two tables related to deductions of IRA contributions for married filing jointly. 1. If you are covered by the retirement plan at work: Married filing jointly: $75K or less : fully deduction $75K to less than $85K ...

Folks, I admit my knowledge in IRA is none whatsoever. I am married with a kid and I am the only working spouse. I have never had any IRA account so far. My employer has 401K plan and I contributed to the maximum for the tax year 2006. I am planning to file my 2006 taxes this week end or next week ...

Eeyore, Thanks for your response. It turns out, I didn't search hard enough on vanguard website. I went back again and found it listed. Desi, Thanks for your response. Would you be in a position to compare Mathews China fund MCHFX vs FXI? Mathews website says MCHFX tracks MSCI China index. But this ...

Folks, I intend to buy indexed fund for each of the 4 BRIC countries as part of my international portfolio. I am basically looking for a single MF from each of these countries that more or less reflects their entire market. Two questions related to this. 1. What is the recommended website for buying ...