Legal Question in Immigration Law in New Jersey
i am looking to buy a rental property (currently on h1-b). Can I transfer the ownership of that property to an LLC via quitclaim deed (The LLC will need to a new one with me as the owner)??
Asked on 7/23/10, 10:37 am
1 Answer from Attorneys
Brian D. Lerner
Law Offices of Brian D. Lerner, A Professional Corporation
Hello:
Buying rental property on an H-1B may be a violation of your status as you essentially would be running a side business not authorized by your H-1B.
Answered on 8/04/10, 2:49 pm