Tax Documents and W9 Information

Tax information

As a rental property owner receiving income through The Parcel Company, there are tax reporting requirements to be aware of.

W9 form

During onboarding, you are asked to provide your W9 information:

• Full legal name (or business name if applicable)
• Tax Identification Number (SSN or EIN)
• Address for tax purposes
• Entity type (individual, LLC, corporation, etc.)

This information is used for tax reporting purposes.

1099 forms

If your total payouts for the calendar year exceed the IRS reporting threshold, we will issue a 1099-NEC or 1099-MISC form. This is typically mailed or made available digitally by January 31 of the following year.

What you should track

We recommend keeping records of:

• All payout amounts (available in your Financials page)
• Property expenses (maintenance, improvements, supplies)
• Mortgage interest and property taxes
• Insurance premiums
• Any other deductible expenses

Updating your tax information

If your tax information changes (new EIN, address change, entity restructuring), send a message to the Parcel team so we can update your records before the next tax reporting period.

Disclaimer

The Parcel Company does not provide tax advice. We recommend consulting with a qualified tax professional for guidance specific to your situation.