Search found 108 matches

by krivan1
Mon May 14, 2018 3:54 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: R2I - Should I take a break?
Replies: -1
Views: 0

R2I - Should I take a break?

I am just guessing that you might want to keep 401K funds in USA itself. That leaves 1.7 Crores in India and you might generate about 7.5 lacs per year post tax with conservative debt instruments. This is nearly 65K per month. You don't have rental which is big plus. Even if you own a flat, these ...
by krivan1
Tue Mar 27, 2018 10:56 am
Forum:
Topic: Day Trading
Replies: -1
Views: 0

Day Trading

@ Cantor and Techynt Your posts are eye openers. Thought of quitting my job and wanted to go for full time trading in India due to some politics at job front. Started some ground work like setting up an office, hire an employee to support me and initiated talking to couple of brokerages to negotiate ...
by krivan1
Sun Mar 25, 2018 10:44 pm
Forum:
Topic: Day Trading
Replies: -1
Views: 0

Day Trading

This is my story about Indian markets not US. Back in 2008, I was doing OK with individual stocks with small sum and was introduced to derivatives (futures & options) market by some trader in five star hotel. Felt I found my ‘aha’ moment of big success. In no time opened the F&O trading account and g ...
by krivan1
Mon Jan 29, 2018 3:24 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: Big confusion.... Real estate
Replies: -1
Views: 15

Big confusion.... Real estate

99% of the people buy homes on loans. With monthly payments of 20-30 years by home owners, don't see big difference between owner and renter. At most one can include home equity as part of total net worth.
by krivan1
Mon Jan 29, 2018 12:08 am
Forum: To Pune, Mumbai, Maharashtra
Topic: Big confusion.... Real estate
Replies: -1
Views: 15

Big confusion.... Real estate

In my case LTCG amount was not much. It was around 6L. Don't have any generated income in India other LTCG bonds interest. Whatever the TDS, am getting back full refund. After 3 years, intended to use for expenses during India trip. Did not consider LTCG bonds or its interest as part of my ...
by krivan1
Sun Jan 28, 2018 7:26 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: Big confusion.... Real estate
Replies: -1
Views: 15

Big confusion.... Real estate

I sold one of my property last year and exactly went through the steps of 1-5 listed in Lakshya's post. 6 & 7 were not applicable to my case as am not living in USA. From practical experience, you would need a help of banker. If you have rappo with your RM (Relationship Manager), things go smoothly ...
by krivan1
Sun Dec 03, 2017 3:48 pm
Forum: Indian Bank Accounts & Money Transfer
Topic: Namma Bengaluru-- A boring City??
Replies: -1
Views: 0

Namma Bengaluru-- A boring City??

One of the prof from UK visited my employer at B'lore a decade ago and I had taken him tour. Within few kilometers distance, Rahul Dravid's home was there and he was then the Indian cricket team captain and had shown his home to Professor. RD's home was there in Indira Nagar which is considered as ...
by krivan1
Wed Nov 22, 2017 8:01 pm
Forum: US India Dual Tax, Cross country tax, FBAR
Topic: Bengaluru Real Estate trend (2017/2018)?
Replies: -1
Views: 13

Bengaluru Real Estate trend (2017/2018)?

Yeah. Overheads are very high for the reputed builders. A buyer would typically be incurring : 30% advt or marketing cost of the builder that includes demo flat, service staff, brochures, Ads and so on 10% Registration cost (To govt) 10% Interiors 5-10% (premium for direction, floor, parking ...
by krivan1
Wed Nov 22, 2017 7:51 pm
Forum: US India Dual Tax, Cross country tax, FBAR
Topic: Bengaluru Real Estate trend (2017/2018)?
Replies: -1
Views: 13

Bengaluru Real Estate trend (2017/2018)?

Don't commit full period be it corporate guest house or airbnb service apts. Commit for couple of days and make sure you are happy with the place. You can extend your stay if you are happy with the place. Last year we had booked one service apt and after reaching there, didn't quite like it ...
by krivan1
Wed Nov 22, 2017 7:45 pm
Forum: US India Dual Tax, Cross country tax, FBAR
Topic: Bengaluru Real Estate trend (2017/2018)?
Replies: -1
Views: 13

Bengaluru Real Estate trend (2017/2018)?

Recent plot launches by reputed builders are quoting in the range of INR 6000-7000 psft in far off location (10 km from Wipro office or 15 km away from airport towards Chikballapur). Even Hoskote, people are quoting 3000 psft for local developer sites. For decent size (40*60), it would cost around 1 ...

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