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Buying / Selling real estate while on H1B, what to do when status changes?

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06-01-2009, 03:26 AM

Atlee

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Join Date: Jun 2009

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I am wondering what happens if I buy some real estate property ( a condo unit) while I am on H1B, and if i moved out of country, (H1B - 6Yrs completed) do i need to sell the property (condo) before i leave country? Can i rent this unit while i am away from country? On a new H1B can i come and stay in that home? Anybody experienced this case before? Please give me details as much as possible. Thanks.

I am wondering what happens if I buy some real estate property ( a condo unit) while I am on H1B, and if i moved out of country, (H1B - 6Yrs completed) do i need to sell the property (condo) before i leave country? Can i rent this unit while i am away from country? On a new H1B can i come and stay in that home? Anybody experienced this case before? Please give me details as much as possible. Thanks.

Last edited by pappu; 06-01-2009 at 09:40 AM. Reason: duplicates

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