The rule is if you are a PA resident and sell property ANYWHERE (in or out of PA) you owe PA income tax.

A "Conditional Release from Contract" is part of the package that a PA attorney offers here: http://dornish.net/store/quick-turn-and-wholesaling-real-estate-in-pennsylvania You might be able to contact the attorney through that website to ask him more.

Take my word for it...u will always be on the sidelines if u think too much....this is a quick numbers game.....run the numbers and make up your mind either way :-Jeff....as they say..no pain..no gain...what are the alternatives?

If I set up a PA LLC, what are the benefits? 

If bad enough, we'll also make a PA announcement for the flight attendants to sit down ASAP.

I am not sure if I need a PA or NC lawyer or what Bank Of America can do to us?

The longest I've ever had to hold a house before accepting a PA is 23 days.I never use a special paint for bathrooms or kitchens.

If they are interested, I will give them the contact information...end of story.( before all of this, an agreement of honor was made) My question has been answered,people are brokering without a license(give or take on a whole) I have a question, that I just have to ask: If I have a PA on a property, and I will throw in, it is assignable.

Once we had the basic template set up it took about five minutes work on my agent's part to get the offer ready, then just seconds to sign.Thanx Jon this is the co you use: https://www.ctmecontracts.com/eContracts/wp/index.htmAlso seeing that u purchase it u sign first, email it to your agent and he/she sent in the offer.Also with addendum some banks require.

In the state of PA they care, because there is a PA Dept of Revenue rule that requires additional real estate transfer taxes to be collected when this happens.