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All CollectionsNew Owner OnboardingPhase 4
Banking, Payment Info, and W-9 for Taxes
Banking, Payment Info, and W-9 for Taxes

To receive Owner Draws (rental proceeds), Nestwell needs your banking information. Nestwell will ACH/direct deposit rents.

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Written by Mark Cropper
Updated over a year ago

Welcome to Phase 4: Banking, Payment Info, and W-9

BANKING INFO: We need to make sure your banking information is set up correctly so we can get your owner payments to you.  Please complete this Docusign Form. If the ownership is split and you would like the owner draws to be sent to more than one bank account, you will need to complete one form for each owners' bank account.

W-9: Please complete this form in order for us to send you the necessary tax filing information at the end of each year.

Complete Banking Info and W-9 Now

Note: 

  • Nestwell sends Owner Draws (collected rent) via direct deposit the first business day after the 5th of each month.

  • Once the draw is initiated it may take 4 to 5 business days for your bank to receive funds. 

  • Nestwell's contractual obligation send funds before the 15th of each month.

Go to Phase 5 of 5: Owner Portal Login and Schedule Education Session (Instructions for this phase will be sent out a month after tenants move in.)

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