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AO2024

Do I need to add asset on I-864 ?

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Hello,

 

I have an uploaded I-864 for 2021 where my income was insufficient so I have added my paid off house as an asset, my wife got DQ with a Message of insufficient income and may need to add a joint sponsor. I can't find a joint sponsor and at the time we submitted the case I was just starting a new job (mid 2022). SO now I'm updating my I-864 before the interview on 03/13 and I have added 2022 income which was slightly above the poverty line 25k, and my income for 2023 which is enough to sponsor my wife 50k. Do I need to add the house as an asset to the updated form I-864? will it be valuable?. 

I'm still at the same job since 2022, I uploaded my current employment letter. 

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  • AO2024 changed the title to Do I need to add asset on I-864 ?
Filed: K-1 Visa Country: Wales
Timeline

Is this the house you live in or an investment property?

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

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Filed: K-1 Visa Country: Wales
Timeline

Only assets that can be converted into cash within one year and without considerable hardship or financial loss to the owner may be included. 

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

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Filed: Other Country: China
Timeline

You are going to qualify based on your current income, not any tax return.  Current income is you gross pay for a pay period times the number of pay periods in a full year.  Your updated affidavit should carry the day just fine.  You can add your equity in your primary residence, but it will not actually be considered, as it does not fit their definition of "liquid" per the instructions.

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