Want to invest in business

F

fatjoe

Registered Users (C)
I'm on H1 and would like to invest in business. My friend is having a motel and I would like to invest some money in that motel. I am not going to work for the motel but only contribute some of my money to purchase the motel.
Can I invest in a commericial property?
Can I take a share in the profit of the business?
 
want ot invest in business

Thanks Joe, for the prompt reply.
So, if I could take some share on the business' income, don't I have to file that income with IRS? How does it work, as far as taxes are concerened?
 
OK. I did a littel bit of research on this. H1 can be a passive investor. Do not work for the company where you've invested.
Can I earn dividend on that? What sort of diviend is legal, cash or stock or property or none?
If the person cannot get any salary or dividend in any form, then why would he invest his money simply in something? It doesn't sound logical here.
How will the INS or IRS believe that you are not working or earning anything as a passive investor or how could you justify that to INS or IRS?
Pls explain. Thanks.
 
Thanks Joe, for all your replies. I appreciate it. Just one more question. Can I stay in the motel?
 
Are you writing the replies yourself. I have not seen any other IDs.
 
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