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 about 6 years ago on .
Most recent reply
presented by

Completing W9 for a Single Member LLC
Newbie question here. I know I need a CPA, but didn't think I needed this individual so early in the process. Words of wisdom from experienced veterans here is greatly appreciated.
I formed a single member LLC for asset protection purposes and got an EIN number. I now have my first single family rental in the LLC and the property management company sent me a W9 with their management agreement today.
Reading the instructions on how to fill out the W9, it is not clear to me whether I should be listing my LLC on line 1 or my personal name, with the LLC listed on line 2 as a disregarded entity.
If I list the LLC on line 1, and select LLC in section 3, what is the best option for a buy and hold rental portfolio - C-corp or S-corp?
Thanks in advance for any guidance. Will be starting my search for a competent, real estate savvy CPA in the morning!
Most Popular Reply

- Accountant
- Atlanta, GA
- 1,764
- Votes |
- 1,982
- Posts
Unless you've made a corporate tax election by filing Form 8832 or 2553, your SMLLC is a disregarded entity for federal tax purposes and you should fill out the W-9 accordingly.
"If I list the LLC on line 1, and select LLC in section 3, what is the best option for a buy and hold rental portfolio - C-corp or S-corp?"
The W-9 isn't the mechanism with which you elect an entity's tax classification. You must report the SMLLC's current tax status.