Why would a dealer/rentee ask for a TIN# ? - Posted by MB(GA)

Posted by roundhouse on June 06, 2006 at 02:32:39:

A TIN is what illegal immigrants have, since they cant get a SS#.

The feds will issue a TIN to anyone that applies for it.

Why would a dealer/rentee ask for a TIN# ? - Posted by MB(GA)

Posted by MB(GA) on May 29, 2006 at 19:07:59:

I have begun my scouting for my first deal. I was checking out some classified adds and I ran across to two things.

  1. I noticed that several adds says, “auto-approval in one hours with SSN# or TIN# only”. Now, I understand why they would need a SSN # for an applicant. Is the TIN # for those who do Lonnie’s?

  2. I also noticed adds stating, “we’ll match up to $2,000 down”. Is that a way of making a sale out of unrealistic mark-up?

Re: Why would a dealer/rentee ask for a TIN# ? - Posted by Steve-WA

Posted by Steve-WA on May 30, 2006 at 09:19:02:

  1. tax id no, used if the purchaser is a business; kind of like a business’ SSN

  2. yep