What income do i need to write if i own 50 percent of the assets?

[kareen-a]

Hello everyone, thank you in advance for any help.
I'm filling a i-864 form to my father.
My household income does not meet the requirement, so i want to use my assets.

I have difficulty to understand what income i should write, if i share a bank account and house with my sister (50/50).

The value of the house is 180,000$, so i need to write that my assets is 90,000$?

Thank in advance,
Kareen

[samlynn]

The income question is a separate question than the asset question. So you put your income in where it asks for income and then you enter the asset question later in the application. The home question is a little more complicated. Is there a mortgage? If so, that has to be figured in also. Frankly, that will be very difficult to use as an asset, especially since it's co-owned.

Hello everyone, thank you in advance for any help.
I'm filling a i-864 form to my father.
My household income does not meet the requirement, so i want to use my assets.

I have difficulty to understand what income i should write, if i share a bank account and house with my sister (50/50).

The value of the house is 180,000$, so i need to write that my assets is 90,000$?

Thank in advance,
Kareen

[kareen-a]

What income do i need to write if i own 50 percent of the assets? part 7

The income question is a separate question than the asset question. So you put your income in where it asks for income and then you enter the asset question later in the application. The home question is a little more complicated. Is there a mortgage? If so, that has to be figured in also. Frankly, that will be very difficult to use as an asset, especially since it's co-owned.

Hi,

i understood in what parts i need to write my income and the assets. The problem is i didn't understand in part 7 if i need to write my part (50% of the house) or all of the value of the house (my part and my sister part). The same question i have for the saving bank account- do i need to write only my part (50% of the saving account) or all of the money i have there, included my sister's part.

By the way, there isn't a mortgage on the house.

Thank you for the help!