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Updated almost 9 years ago on . Most recent reply

Brian Wheeler's profile image
Brian Wheeler's profile image
Brian Wheeler
  • Developer
  • from Fayetteville
  • Member since Feb 3, 2016
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91
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56
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Brian Wheeler's profile image
Brian Wheeler's profile image
Brian Wheeler
  • Developer
  • from Fayetteville
  • Member since Feb 3, 2016
Connect
Brian Wheeler
  • Developer
  • Fayetteville
56
Votes |
91
Posts
Buying & Selling Real Estate

Double Closings

Brian Wheeler
  • Developer
  • Fayetteville
Posted

If I do a double closing for a wholesale deal do I have to pay the taxes on the property for the current year because I am owning it for 5-10 min? Also how do I receive my profits if my cash investor doesn't pay with cash during the double closing? do I still have to state my assignment fee so the title company knows how much I want? 

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