@Bukka Levy Thanks very much for the info. 

Levi T.  

Buyer and seller go to the county, get receipts that the personal property taxes are current and the sales or excise tax on the sale is paid. 

@Levi T.I guess varies by area.

If the entity is registered in Maryland, will Maryland levy state taxes on Warbucks LLC profits for LLC members who are Maryland residents (since Warbucks LLC is a pass-through entity)?

A business license can be required, from that, you may have business property (personal property) where local taxes may be levied.

We mainly use a basic lien waiver from my contractor saying there are no liens and will be no liens levied against the deed of our project for non payment of vendors or labors associated with the project.

If you don't and the IRS catches up with you, they can levy pretty heft fines for you not filing it. 

Originally posted by Tom Cullen: State governments in states like california with it's obscene property values should levy extra taxes on properties over $120k to help put it's financial house in order.

I do know that Tennessee has an Excise tax of 6.5% imposed on the net earnings of business done through an LLC, and if you hold properties in an LLC, they have an LLC renewal cost of $350 every year, on top of the excise tax.