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  #1  
Old 09-06-2006, 06:11 PM
juan juan is offline
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Default H1-B and Investment

Can someone on H1-B visa buy an investment property and rent it out?
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  #2  
Old 09-06-2006, 06:28 PM
gc_in_30_yrs gc_in_30_yrs is offline
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Default Yes

Yes that is legal to do.
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  #3  
Old 09-06-2006, 06:39 PM
juan juan is offline
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Default Will it affect green card?

Will it not affect the green card processing? I mean, if during the green card process, they ask for the ITR and they see the additional income from the rental property, won't they deny the I-140 or I-485?
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  #4  
Old 09-07-2006, 03:40 PM
GCwaitforever GCwaitforever is offline
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Default

If the investment property was under passive investments like absolute NNN lease or TIC investments, then I am guessing it should be alright. Check with an attorney first.
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