Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
W8 W9 Which for foreigner with US (TN) LLC tax irs help
Hi all! So here's the deal; I'm in the process of closing on a home. I am purchasing it through my TN registered LLC, which is a disregarded entity. I am not a US citizen or resident, but the LLC is TN incorporated with a foreign address. The rental agent I am about to engage have sent me a W9 from...but I think i may have to fill out a w8ben-e. I am so confused as to which is the one I need. the w9 reads.
'Enter the disregarded entity's name on
line 2, “Business name/disregarded entity name.” If the owner of the disregarded
entity is a foreign person, the owner must complete an appropriate Form W-8
instead of a Form W-9. This is the case even if the foreign person has a U.S. TIN'
Both forms are also incredibly confusing I have no clue which and how to fill it out.
I have both an EIN and TIN. First person to answer correct is in pole position to be my CPA! No really, it's pretty clear i need one! :)
Thanks All!