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All Forum Posts by: Isan Sahoo

Isan Sahoo has started 2 posts and replied 4 times.

Hello everyone,

As a prospective investor in short-term rental, I would like to get some feedback regarding the upcoming demand for short-term rental. Considering the current economic climate, where layoffs are happening every other day, and interest rates are going off the roof, is it a good time to invest in STR or wait for some time? Also, in this market, will people go on vacations and spend money on STR?

Post: Short term rental on H1B visa

Isan SahooPosted
  • Posts 4
  • Votes 6

@Bruce Lynn thanks for the reply. Do you have any comment on this: https://www.hrblock.com/tax-ce...

Post: Short term rental on H1B visa

Isan SahooPosted
  • Posts 4
  • Votes 6

Hello All,

I'm new to real estate investment and thinking of starting short term rentals (Airbnb & Vrbo). As I'm on H1b visa, I'm only allowed to have passive income. In case I buy short term rental and hire a property manager to manage my rental, will it be considered as passive? Also, can I open a LLC on H1b visa to buys properties?

TIA

Hi Ratana,

I’m new to short term rental area and I’m also on H1b visa. I wanted to know, is it legal for H1b visa holders to do Airbnb and vrbo? If yes, what steps you took?

Thanks in advance!