One of our rental property owners was upset when we asked him to complete w-9 form. Then he said that he does not have the U.S. Tax ID. Many foreign real estate investors often face the same problem. Likely, this is rather a formal procedure than a problem. What foreign property owner needs to do is to apply for ITIN or TAX ID. Without TAX ID, rental property management project may not succeed.
Rental property management company Mila Realty offers its nonresident homeowners a simple and convenient application process. We hire a licensed and approved by Internal Revenue Services (IRS) tax agent. A tax agent completes an application and emails to the homeowner for a signature. Property owner needs to return signed application by…