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Updated over 3 years ago,
forming LLC with non-citizens
Hi All,
I have some family members who are not residents, American citizens nor leave in the US and are interested in partnering to buy a multi-family with me. Does anyone have any experience with this? A couple of follow-up questions.
• I know we can form an LLC if they get a TIN, any ideas on how foreign persons can get a TIN?
• Would there be any problems creating an LLC this way?
• Are tax implications any different than for American citizens?
Thanks so much in advance.