Tenant wants me to fill out W-9

Most Popular Reply

Severna Park, MD · Member since 2013 · 7k+ posts · 7k+ votes
2y

No

See this reply in the discussion

15 Replies

Jump to latestLatest
  • Severna Park, MD · Member since 2013 · 7k+ posts · 7k+ votes
    2y

    No

  • Realtor · Phoenix · Member since 2023 · 73 posts · 38 votes
    2y

    Not normal.

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    2y
    Quote from @Alecia Loveless:

    My tenant is asking me to fill out a W-9. Is this normal? None of my other ones have asked me to do so and she isn’t receiving subsidized rent.


     Tell then to stop reading books, of course not .

  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y
    Quote from @Alecia Loveless:

    My tenant is asking me to fill out a W-9. Is this normal? None of my other ones have asked me to do so and she isn’t receiving subsidized rent.


     There was talk about this previously.



    Tenant asking landlord for W9 (biggerpockets.com)

    7e investments53 Reviews
  • Jim ReynantePro Member
    Member since 2023 · 53 posts · 24 votes
    2y

    Not a normal practice, at least not in California

  • Mackaylee BeachPro Member
    Real Estate Agent · Kansas City, MO · Member since 2020 · 1k+ posts · 492 votes
    2y

    Hmmm I wouldn't.

  • Rental Property Investor · East Wenatchee, WA · Member since 2014 · 10k+ posts · 16k+ votes
    2y

    The tenant wants to deduct rent or a portion of it, presumably as a business expense.  Maybe they just heard a GC soundbite. 

    Since I run all my rentals through my mgt s-corp and get 1099'd fairly regularly and it's only a tax ID, I probably wouldn't care as long as they're not 'running a business' out of my residential only unit.

    But I'd ask for clarity and would not provide my personal SS#. My guess is others that replied are the 'landlord' and receive rent payable to themselves so the tenant is essentially asking for their SS#.  They rightly say no way. 

  • Member since 2022 · 405 posts · 455 votes
    2y

    Great context Steve. This is the first time I have heard of a tenant asking for a W9 and my first concern would be that they are running a business out of the unit or a pseudo business.

  • Rental Property Investor · The Vampire State · Member since 2013 · 2k+ posts · 2k+ votes
    2y

    My lease prohibits running a business out of the rental unit, so I would ask them why they need a such a thing.  Afterwards, I would decline that request and remind them of said lease provision.

  • Rental Property Investor · Member since 2020 · 1k+ posts · 1k+ votes
    2y

    Is your tenant an individual or a company.  Not a chance for an individual but I have before when I rented to an insurance relocation company.  They told me up front that I would have to and made sense to me.  It was a legit company so I felt fine with it however I would not be handing that information over to an individual.  

  • Alecia LovelessPro Member
    OP
    Member since 2019 · 3k+ posts · 2k+ votes
    2y

    @Adam Martin Thank you all for the many responses. I also read the link to the previous forum post. I will try to contact my bookkeeper tomorrow to also get her opinion. While I’m not totally opposed I have not branched out to having my business held under a TIN or an EIN and so in fact will not be providing my SS# if I do fill out the form.

  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    2y

    you should never provide a W-9 to the Tenant. They are not a contractor and they are not doing work for you, and vis-versa.

    The DIY Landlord Book4.7248 Reviews
  • Lender · Chicago, IL · Member since 2023 · 22 posts · 13 votes
    2y

    Definitely ask why and give them an opportunity to give a solid reason! If the reason isn't what you were hoping for, well there's your answer! 

  • Insurance Agent · Norwalk, CT · Member since 2016 · 2k+ posts · 1k+ votes
    2y

    Alecia.

    From an Insurance perspective, you definitely need to find out if they are running a business out of the unit/house.  If they are, contact your agent to see if that would cause you to get cancelled or non-renewed (type of business, whether or not that they have clients there, any increase to the fire risk, etc., will be important considerations).  

    Review your lease to see if you have clauses that restrict the business use or allow you to charge back for an increase in insurance.  Also, depending on the nature of the business, find out if you have to make any modifications based on zoning, fire code, or ADA...

  • Architect · Portland, OR · Member since 2023 · 66 posts · 39 votes
    2y
    For a commercial lease it is normally on the tenant to make modifications, get permits, etc. as needed.  It certainly would not hurt to know what could be involved so that you could mention what your expectations are around this.  A lease should probably to be restructured to address this issue as well as anything else iffy.  Like  . . . what if their seemingly innocent Etsy shop involved something that had them storing a bunch of flammable materials?!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.