A founder-led practice for United States-resident owners of Bengaluru property.
DTAA Article 6 + Article 25 treaty relief. Section 195/197 TDS. Form 27Q quarterly. FEMA Form 15CA/15CB repatriation. e-Khata BBMP transition. Year-1 customer relationships are personally handled by founder Abhishek Sreenivasan. WhatsApp first; the email address gets answered, but slowly.
What changes when you live in United States.
California state income tax on Indian rental income (no FTC for India-side TDS in CA), New York City UBT exposure for high-rent landlords, Bay Area tech compensation pushing into AMT brackets where Indian rental losses become deductible against US ordinary income.
Compliance notes specific to United States
- **FATCA**: Indian NRO/NRE accounts >$10K trigger FinCEN 114 (FBAR). Ameya's banker-liaison provides year-end statements for FBAR reconciliation.
- **Form 8938**: Indian financial assets >$50K (single) / $100K (joint) trigger Form 8938. We provide aggregate-value statements.
- **State tax**: California, NY, NJ, MA do not allow Foreign Tax Credit for India-side TDS. Plan accordingly — Section 197 lower-TDS certificate becomes more valuable than for federal-only filers.
- **Rental loss**: Indian rental loss (after mortgage interest + 30% standard deduction) is generally deductible against US ordinary income up to $25K under passive-activity rules — material for high-income filers.
Service ladder — transparent, structured.
| Tier | Scope | Pricing |
|---|---|---|
| Compliance Only | Section 195/197 TDS, Form 27Q quarterly, e-Khata BBMP transition, society reconciliation | ₹40,000 / property / year |
| Property Concierge | Tenant placement, rent collection, vendor management, repairs, dispute mediation, monthly statement | 8% of monthly rent |
| Wealth Portfolio | Multi-property absentee management, Friday NRI Briefing, repatriation coordination, banker liaison | 0.5–0.8% AUM / year |
| Sale Events | End-to-end sale: curation, marketing, KYC, documentation, registration, repatriation | ₹2–3L per sale |
Banker liaison, both sides.
United States side: HSBC Premier · Citi Priority · Chase Private Client · Bank of America Merrill.
India side: HDFC NRI Desk · ICICI NRI Banking · Kotak Privy League NRI.
For repatriation, we route through banker desks that offer clean Form 15CA/15CB documentation and forward-contract-friendly INR conversion. The choice of corridor matters more than most owners realise — the wrong desk can cost 0.6–1.2% in spread on every repatriation.
US-resident NRI owner FAQ.
What TDS rate actually applies to my Bengaluru rental income from United States?
Default Section 195 TDS is 31.2% (30% + 4% cess). Under the India–United States DTAA (Article 6 + Article 25), the treaty rate of 15% (DTAA Article 6 reduces from 31.2% Section 195 default) can be claimed via Form 10F + Indian TRC stack. We file Section 197 Form 13 with the Assessing Officer to apply the treaty rate at source, typically reducing actual TDS to 5–15% based on net taxable rental.
How do I report Indian rental income on my United States return?
Form 1040 with W-9 + India TRC + Form 10F. FATCA / FBAR disclosures (FinCEN 114) for Indian financial accounts > $10K
We provide year-end statements in the format your accountant or tax software needs — for United States, that means Form 1040 with W-9 + India TRC + Form 10F.
What is the time-zone overlap for a private call?
Cal.com auto-converts to your local time (PST / EST / CST / MST). Founder availability biased toward 18:00–22:00 IST = 07:30–11:30 EDT / 04:30–08:30 PDT.
Where does this work best for US-resident NRI clients today?
Most active engagements: Bay Area, Seattle, Austin, NYC, Boston, Chicago, Atlanta. Ameya is location-agnostic on the United States side — what matters is that you own (or are about to acquire) Bengaluru property.
Begin a conversation.
Three channels. WhatsApp is fastest. Voice notes welcome.