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Updated 5 months ago on . Most recent reply

User Stats

14
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6
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Gulshan D.
6
Votes |
14
Posts

Receiving incentives while on H1B

Gulshan D.
Posted

I am on an H1B visa and new to rental properties. I was told I am allowed to invest passively while on H1B visa. I bought a house in Chicago land area and plan on renting it out to HCV/section 8 candidates. Apparently, the Chicago Housing authority provides a one time incentive equal to the first month rent to first time owners participating in the program. Being on an H1B, am I allowed to take these incentives. Any concern for H1B conditions violations? Would it be considered “public charge” if it is one time? I have hired a property manager to manage the property  who will provide me with the 1099. Would receiving the 1099 interfere with my H1b extension or green card application? Thanks 

  • Gulshan D.
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