Me and My wife are currently on H1b. We own a house right now and are looking to buy another house. We are looking to rent the current house after moving into the new house. Could you please help me with the below Questions in this context:
1.) Is it okay for an H1b to Rent Houses? Are there any Tax related / Immigration related things that I may have to be aware of ?
2.) Can I open an LLC for the rental property? Is Opening an LLC a violation of H1b Laws?