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About SR14

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  1. SR14

    H1b Opening LLC for Passive income

    Hi, Me and My friends are planning to start a LLC company. It is about selling stuff online. My friend is Citizen and He will be the owner. I am on H1B and my wife has H4 EAD. By reading all posts it is clear that I can not be involved in any activity of the business. But I have few questions. 1. When my friend register his business to IRS, can he mention our name as partners? 2. If not my name , can he mention my wife's name as partner as she is on H4 EAD? Will it be better if he use my wife's name so she will be able to actively participate in business?