Are you allowed to buy properties and renovate/remodel and sell as an H1 B visa holder? What are the limitations? You can buy/sell the properties under an LLC that you would be the sole owner of that LLC? or the properties must be bought/sold under personal name?
Yes you are. Did both and didnt have any limitations. In my case is was under personal name.
It can be as part of LLC if majority owner of LLC is GC/Citizen
Getting approved for a mortgage might be a challenge, considering the temporary nature of the visa and the uncertainty around getting permanent residency.
Don't spread fud dude. I own 10 doors and am on H1B
Work on your reading comprehension, dude. I said it might be a challenge, I didn’t claim it’s impossible.
As long as you have the $$$$, you can do whatever you want
Do you guys recommend to form LLC with online service such as LegalZoom or ZenServices or with CPA or with attorney’s?
Why would there be any limitations?
Because it's labor outside your authorized employment. If the investment is completely passive, then it's legal. If you're doing any labor for your own company, you've violated status.