How does transfer tax work when wholesaling (Pennsylvania)?

[Ryan Gillis]

I'm playing middleman between a seller and buyer. When do I pay it? Do I pay both of the double taxes? Can I use transactional funding for it? What should I know?

[Mike Hoherchak]

So it seems you can avoid the double transfer tax by utilizing 1. an option contract 2. a notice of option contract and 3.  an option termination agreement instead of a purchase agreement with the seller.  You act as more of a lien holder collecting the "lien release fee" vs. being considered both a buyer and seller at the same time triggering two taxable transactions.

I'm not sure if video links will post along with my comment but I did attach it below. If it doesn't show up, do a youtube search for "Jim Zaspel's advice how to avoid double transfer taxes on wholesale deals in pennsylvania"

https://www.youtube.com/watch?v=Gq4b0-n5J7c