Passive investment on h1b

2 Replies

Is it allowed to own and get rental income from a real estate while on H1B visa ? Also is it allowed to form an LLC for a rental

Property on H1b ?What are the tax forms that need to be submitted when the property is managed by a property management company ?

Originally posted by @Sherin Sunny:

Is it allowed to own and get rental income from a real estate while on H1B visa ? Also is it allowed to form an LLC for a rental

Property on H1b ?What are the tax forms that need to be submitted when the property is managed by a property management company ?

Yes, done that before.  

@Sherin Sunny

There are a bunch of forms that may or may not need to be filed.
Schedule E, Depreciation form are just a few.