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Updated 23 days ago, 11/01/2024

User Stats

14
Posts
5
Votes
Gulshan D.
Pro Member
5
Votes |
14
Posts

Receiving incentives while on H1B

Gulshan D.
Pro Member
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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