I want to start a rental LLC and hire my dad to run it, can that help him get cheaper marketplace insurance?

My dad does not work, he has no income so he does not qualify to the lower cost marketplace plans (at least that’s what I think), he’s also a legal green card holder and have been here for 2 years so he’s not eligible for Medicare. I’m thinking about hiring him in my new LLC to maintain the houses I will rent out, I will pay him about 25k/year.

I have no experience in running a business, but I’ll start small and learn as I go.

1- does this sound like a good plan? Or is there anything illegal about this?

2- will he be able to get cheaper health insurance through marketplace for him and my mom?

Thanks!!

submitted by /u/engineertee
[link] [comments]My dad does not work, he has no income so he does not qualify to the lower cost marketplace plans (at least that’s what I think), he’s also a legal green card holder and have been here for 2 years so he’s not eligible for Medicare. I’m thinking about hiring him in my new LLC to maintain the houses I will rent out, I will pay him about 25k/year. I have no experience in running a business, but I’ll start small and learn as I go. 1- does this sound like a good plan? Or is there anything illegal about this? 2- will he be able to get cheaper health insurance through marketplace for him and my mom? Thanks!! submitted by /u/engineertee [link] [comments]Read Morer/HealthInsurance

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