You didn’t state whom the seller is but if it is a Federally owned foreclosure such as Hud or FNMA, it is a federal crime to modify the property in any way or take possession prior to closing I cannot imagine any bank is going to extend the closing 2 months

Property may be subject to leasehold interests or other rights or claims of various tenants or other occupants, and Buyer may be subject to the United States Service Members Civil Relief Act, or other federal, state or local law, as applicable.

No social security tax, no Federal income tax or state income tax. 

Despite the federal death tax increases in 2000 from $675k per couple to $5,45M per couple.

Since 1031 is a federal statute most intermediaries have a national scope. 

A project on the federal tax classification of a series was included in the Treasury’s 2008-2009 Priority Guidance Plan, and reappears in the 2009-2010 Priority Guidance Plan.

However you may have LLC formation costs, annual state and federal tax returns, and annual state LLC fees/annual report and I am not sure what IN charges.

If you have any federal loans put them on a 30 year payback and some of the private companies have a 20 year payback.

Brokerages have to issue margin calls (Federal Reserve rule) when the value of the stocks declines.

This is true for both Federal and State taxes.