Wild question but anyone here who runs an investment fund (for friends and family) on an H1B? If forming LLC is allowed then I was thinking what are the hurdles to starting one? Let's say you are a passive owner and a US citizen/GC holder is an executive? TC: 240k (maybe more with stock pump) L6 PMT
What are you thinking this LLC would be doing? Just for pooling money for investments?
Yes. And I'll be trading in the markets with LLCs money pool.
Should be no issue, I assume, just remain actively "passive"
Yes that's what I'm thinking. I'm not drawing any salary or returns atleast for the near term. All money remains in the LLC account
Tc or gtfo
Updated sir
Thank you Mam!