In the great state (commonwealth) of Pennsylvania, we have found that any transfer to an LLC will trigger city/state transfer taxes. 

You seem to be operating under either of two erroneous assumptions: 1. the licensure board has authority to regulate all real estate transactions in the Commonwealth--they do not, they regulate any person acting as an agent that participates in them for a fee; and 2. that assigning a contract or making a profit on selling property creates an agency or a fiduciary relationship--it could, but not when done properly.

IN the common wealth countries this is what they call Condo 's  LOL..

@Cassidy Burns - Virginia is a relatively landlord-friendly state......it's my home state (Commonwealth) and it's where I still own my first home.

Nicholas, welcome to BP from the western side of our beautiful Commonwealth.

"Two Commonwealth courts have concluded that section 15B(1)(b) does notauthorize landlords to charge prospective tenants an application fee.

This is a bigger consideration if you were doing flips since you would in fact be paying LOTS of taxes on that income.Oh last factor is if you are going to use an LLC to hold the properties you are paying $500/year minimum for the honor of having one in the Commonwealth where it is cheaper in NH (Not sure the number but pretty sure it is less than half that).  

NA Onyido   your welcome since it was written for folks in the common Wealth there was probably some synergy for you

They are not registered with the Sec of State of the commonwealth...... 

The only foreign born people you find are from the common wealth countries by and large there is a very very small Hispanic population..