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Making Passive Income On Your H1 B Visa legally - Including all FAQs

  Рет қаралды 12,722

It's Ok Yaar - Life in US

It's Ok Yaar - Life in US

Күн бұрын

Пікірлер: 30
@swathishenoy5617
@swathishenoy5617 10 ай бұрын
Great video! Can someone on H1b create social media content and be a influencer but the Ssn/ bank account of that channel is of the spouse who holds h4 EAD?
@YashAgarwalTech
@YashAgarwalTech 10 ай бұрын
H1b cannot get 1099-MISC . Airbnb / Turo is not allowed. Generation rent through lease even 10s of properties is allowed.
@Ajaykganesh
@Ajaykganesh 6 ай бұрын
Airbnb and turo is allowed if you are hiring authorized person to take care of business. You can’t personally manage booking or clean up the apartment or drop off/pickup car or cleaning car. Not a legal advice, just sharing what I have understand from my research
@YashAgarwalTech
@YashAgarwalTech 6 ай бұрын
@@Ajaykganesh yup in that case it’s allowed as you are not actively involved
@sam10818
@sam10818 Жыл бұрын
2:01 Can I operate that airbnb income under LLC while on H1B?
@paragkotekar1763
@paragkotekar1763 Жыл бұрын
very good and focused video.
@Sai-fw7bq
@Sai-fw7bq 9 ай бұрын
How about selling 2 used items in entire year on ebay and received a 1099-K ? Is this a violation H-1B status?
@itsokyaaar
@itsokyaaar 9 ай бұрын
That shouldn't be a problem ideally. But make sure you show that in your taxes.
@Dreamylifeinusa
@Dreamylifeinusa Жыл бұрын
Thanks for the info, Being on h1 b visa can I get money from Instagram monetize and paid partnership?? And do the f product reviews getteting rebase and bonus??
@itsokyaaar
@itsokyaaar Жыл бұрын
Basically if you monetize you will get 1099 and that has to be reported so ideally no you shouldn't be making money
@Dreamylifeinusa
@Dreamylifeinusa Жыл бұрын
@@itsokyaaarthank you , I see so many f1/h1 holders are monetizing their Insta and KZbin channels. How that can be possible? Can you please help me on this
@jeevankurian9148
@jeevankurian9148 11 ай бұрын
@@itsokyaaar can we give bank account of home country and do KZbin and paid partnership like brand sponsoahip kn f1/h1b visa?
@somnathmunasu9843
@somnathmunasu9843 9 ай бұрын
Hello mam, can F1 students invest in cryptocurrency and stock markets
@Ajaykganesh
@Ajaykganesh 6 ай бұрын
Yes but not day trading
@IntotheWildscape
@IntotheWildscape Жыл бұрын
Great info. I am on H1b and my friend is sending some amount every month to my account via Zelle in order to send to her Indian account since I have NRO account but she doesn't have. Is it acceptable or have any impact?
@itsokyaaar
@itsokyaaar Жыл бұрын
Yes that should not be a problem
@DivyaHaridas
@DivyaHaridas Жыл бұрын
What is "substantially a lot of money"?
@arunkumararumugam1378
@arunkumararumugam1378 Жыл бұрын
Can H1B holder do affiliate marketing for passive income ?
@itsokyaaar
@itsokyaaar Жыл бұрын
It's a grey area
@hustlingyash
@hustlingyash Жыл бұрын
can we do day trading ..
@itsokyaaar
@itsokyaaar Жыл бұрын
It shouldn't become a significant source of your income
@eddox33
@eddox33 9 ай бұрын
What about a KZbinr? Can h1-b be a youtuber?
@itsokyaaar
@itsokyaaar 9 ай бұрын
They can. But can't monetize
@sushmithah3834
@sushmithah3834 Жыл бұрын
Hello Mam , my husband is going to USA for MS studies and I am going with him with dependent visa can I do forex day trading for everyday money is it legal ? Or can I be able to open demat account for forex trading in dependent visa
@pricelessmrp
@pricelessmrp Жыл бұрын
Not sure if you can open trading account because h4 visa holders don't have SSN. they get an ITIN number. Basically, you can't earn money on h4 visa, until you get EAD.
@maheshkchacko8177
@maheshkchacko8177 Жыл бұрын
Investing in stock market while on H1B is the dumbest idea.
@itsokyaaar
@itsokyaaar Жыл бұрын
Care to elaborate?
@maheshkchacko8177
@maheshkchacko8177 Жыл бұрын
@@itsokyaaar stock market logic in US is entirely different from and india and too complicated. Most people end up losing money if they donot consult a stock analyst. But US stock analysts charge too much on consultation.
@rajivvishwa
@rajivvishwa Жыл бұрын
How is it different and complicated? You can always invest in index funds if you don't have the risk appetite. Regardless stock market works the same way globally. Noe is a good time to invest too
@witchdoctor4272
@witchdoctor4272 Жыл бұрын
Op probably missed a *not
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