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hiiton

H4 EAD and Invest in Business

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Hi,

My current H4 and EAD expired last month. I have been a partner in a Business (LLC ) since July 2019. Extension is still in process.  I am not/will not be actively working in the business. There are 2 more partners in LLC who are US citizens. We have to make payment to Seller to take over the business. I also need to pay my portion of money. With this situation:

Can I stay as partner/member in LLC? 

Can I make transaction from my personal checking account to Business account and then to Seller with this situation. Again I won't be actively working in Business. I won't be taking any salary.

Please advise.

Thanks

dhyey

 

 

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On 12/4/2019 at 10:48 AM, hiiton said:

Can I stay as partner/member in LLC? 

I think so, but to be clear sign a power of attorney to your partner for a paper trail. 

On 12/4/2019 at 10:48 AM, hiiton said:

Can I make transaction from my personal checking account to Business account and then to Seller with this situation.

I feel this is fine, its just my personal opinion.  

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