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Royspurs

Member Since 2009-06-23
Offline Last Active Today, 02:39
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Posts I've Made

In Topic: Romance In Isaan

2012-03-20 06:43:45

View PostKodan, on 2012-02-21 04:21:58, said:

Ajay

   You sound like you are relatively new to Thailand so its good that you are seeking the advice of others.  I like everyone else here has heard sin sod go for 20k to 300k and in some cases much much more. My wife before we were married was offered 1,000,000 bt for marriage and Ive heard other women now asking for 1m bt which is obsurd.  I was lucky she loved me and wasnt just chasing money.

   The woman you met sounds nice and I wish you the best what ever you do so I will give you my thoughts for you do with as you please.
A) She doesnt speak english and though you seem like a nice guy to her she really doesnt know you or you her. You understand this but her parents are pushing for a commitment. This clearly demonstrates that this girl is under pressure from the parents to marry you so there will be a farang in the family to take care of everyone. Never believe that YOU are MORE important that her family. She will marry you just to take care of her family. Doesnt mean she wont grow to love you or take care of you but dont under estimate the pressure she is under. On the other hand ... in the past and currently there are many aranged marriages so if a girl gets to choose her husband ... it may not be a bad thing.
Posted Image If you do become engaged you will want to discuss the sin sod before hand so you will know what you are in for ahead of time. I agree with most here. If you do pay a sin sod it should be around 100k. If there is more to the story such as ex husband, kids, less than stellar past or what ever reason she isnt married you would have negotiating room. Im all for not paying more than you should but keep in mind the more you are willing to give the more proud you wife will be of YOU.
C) Many farang new to Thailand want to marry the quiet, soft spoken, demure, subserviant asian woman they have come to know. Dont fall for this!!! If you think Thai women are quiet, shy, soft spoken etc.....You have never pissed one off!!  If you have never seen or felt the turmoil caused by a beautiful 5ft 100lb pissed of wife hell bent on chaos and distruction with YOU in mind........ummmm yehhh ...welcome to Thailand.  You will date a kitten and marry a tiger.
D) Dont forget the cultrual differences. She will do things that make no sense to you but make perfect sense to her. There will be times when you have to bite your tongue when staying at her house. Its better to ASK her why she did something and learn about the lifestyle.
   1) She will see and REMEMBER EVERYTHING
   2) She will judge you based on this
   3) Study the language. It will earn you some respect with her family and in her village.
   4) If she is truely poor .. she may see you trying to take care of her like nice hotels, restaurants etc as wasting money or not being  good  with money.  However you buying nice things for the family ...completely different
   5) Expect a double standard. You can both do the same thing but when she does it ... its different.
   6) Always give her your opinion if she ask a question. "Do/Wear whatever you like" will be taken as indifference or lack of caring for her. Always tell her what you think she should do.


All this being said.... Thai women are wonderful creatures that will make you life a joy. My wife is the most wonderful woman I have EVER known. I am a very lucky man.   Good luck to you ... take is slow....pay attention and dont let you heart over run your head.

Ajay,

Excellent advice! however, whilst my experience is very similar we differ on one point, I married a Tiger that has become a very contented, SECURE, happy kitten who is the best wife I can imagine.   I gave her 100% trust and security, I think some posters on TV miss the power of this and wonder why they get the negative experiences.

OP if she turns out to be "the one" be brave enough to treat her as an equal and your life will probably be great, like all things in life you'll get out what you put in.

In Topic: Us Real Estate Investment Income

2012-03-06 09:08:24

View PostJimGant, on 2012-03-06 08:19:40, said:

Quote

if a company owned the homes would that be taxed less than personally owned i.e. is there a smart way to set up to be tax effective.

I doubt it. A pass-thru entity, like a Subchapter S corporation, can't have non-resident alien stockholders. Presumably the same for other similar entities. And even if they did allow, you'd probably be in the headlights of the "non resident alien flat 30% tax rate."

Check out doing your taxes with a 1040NR vs. what you've been doing with your 1040. It's the same tax rate schedule (although, not allowing a standard deduction). Can't be too far off what you've been paying so far -- and maybe even less, if less US income will now be incorporated, thus a lower marginal rate.

Anyway, not my prime area of expertise. As suggested, get an expert -- particularly as to what happens to these properties when you croak --- and thus how to grease the skids.

You raise an interesting point about when I croak it (in about 50 years time....) they are in joint names, so I asume??? that my wife will have all selling rights? and my passing would be a good time for her to sell o avoid the State taking them, any insight for me?

In Topic: Us Real Estate Investment Income

2012-03-06 07:43:40

View PostPib, on 2012-03-05 14:13:57, said:


Thanks Pib

In Topic: Us Real Estate Investment Income

2012-03-06 07:42:00

View Postelshaheen, on 2012-03-06 05:38:13, said:

With homes being forclosed by bank in the U.S.

Buying one of them is not that expensive.  $40,000.

Hi Elshaheen,
Depends on the type tenant you want to attract, and the buggers are armed here, so I'm not in the $40k market Posted Image

In Topic: Us Real Estate Investment Income

2012-03-06 07:36:21

View PostJimGant, on 2012-03-06 05:18:39, said:

Quote

I was wondering if anyone knows how the IRS taxes income from rental homes in the US when you live in Thailand and are not a US citizen.

Ah, you'll be the proud owner of "Income Effectively Connected With US Trade/Business." That's a major section on Form 1040NR (non-resident), even allowing you to attach the old familiar 1040 Schedule E to report your rental income -- after you've turned-in your green card.

No way to get those rental propeties off Uncle Sam's radar screen. And so easy to attach for back taxes, too. At least you won't have Texas state income taxes (although their property taxes more than make up for their lack of income tax -- as you've no doubt found out).

Tax treaties, however, *should* precude any double taxation on these rents. But Uncle's got 'first dibs' on taxation rights on rent income from US property. No wiggling out of that.

Sorry.

Hi Jim,

Thanks for your feedback, but just to explain if I wasn't clear, I know there is no legal way of not paying the tax, my question was around how much tax and if a company owned the homes would that be taxed less than personally owned i.e. is there a smart way to set up to be tax effective.

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