Can F1 student join an LLC as a partner Hi Experts,
I am a U.S. citizen and have an LLC, mainly focused on real estate investment. I have a cousin who comes to the states as an international student (F1 visa), and now him and his family want to join my LLC as a partner.
My questions here are :
1. Is there any law-related problem that my cousin is on partnership in my LLC ?
2. If there is no problem, how does it work, in terms of partnership's dividend and tax liability ?
3. Is there any consequence to his current visa status (F1), and future visa status if any (OPT, H1-B) ?
Many thanks in advance and hope to hear back from experts.
Regards, |