Canadian resident with property in the US - tax set up
Hi new to the forum. I own a property in the US (Phoenix) that is Airbnb'd but am a Canadaian citizen and resident. I filled form W8BEN but still having 30% witholding taxes witheld on my gross income. Any advise or links to how I can set this up to minimize witholding or otherwise? Any links or advice appreciate, I could not find a good reference here.
Also I dont have an LLC, EIN or US TIN. I do have a US based property manager and host.
and I'd like to tag @Melodie36 here to see if they had any luck in their Local Host Club, or if they had any further advice that they could share with you. I hope you don't mind the tag @Melodie36😊
and I'd like to tag @Melodie36 here to see if they had any luck in their Local Host Club, or if they had any further advice that they could share with you. I hope you don't mind the tag @Melodie36😊