Partner in LLC while on H1b


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1 hour ago, adshah84 said:

Hello All,

I am thinking to become partner in LLC with y friend who is US citizen and doing business in property buying and renting. i will invest in his purchases. Is there any thing i need to make sure before doing this? Is this allowed? I am not going to be part of buying decisions. 

What is your immigration status?

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14 hours ago, adshah84 said:

I am on H1b

Make sure you have yourself listed as an investor and someone who doesn't work for the company or involved in the day to day activities of the company. If you are married and your spouse has H4 EAD, she/he can be an active partner and you are completely out of the picture. 

If you you and your friend are investing in the company and the day to day activities, leasing and maintenance are managed by a rental agency then that's fine too. 

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