I am a Canadian, no US ties. I created an LLC back in 2011 for the purposes of purchasing US real estate. I recently saw that LLC's are required to file FBAR's.
MY LLC does not have any bank accounts or any accounts in it's name. Its only assets are real estate properties. However, I have many personal accounts for myself and many businesses in Canada. I file the 1040NR. Do I need to file an FBAR for my LLC for my personal accounts or is the LLC exempt as it has no accounts.
IF the answer to the above is yes, what would you recommend since it is psat June 30 already. My LLC only received an EIN number in July 2012.
LLC FBAR
Moderator: Mark T Serbinski CA CPA