Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Legal & Legislation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 4 months ago on . Most recent reply

User Stats

14
Posts
6
Votes
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.
  • Loading replies...