For example, the City of Philadelphia has some taxation levies that a non-local guy might not have any inkling that these even exist, let alone figuring out how to get the paperwork and complete it properly.And as an example for the state level, the state of PA does not recognize tax-deferral via 1031 exchange, so the professional you choose needs to know some of these local nuances.

Either I offer what is on the loan balance, just to pay their loan off, and then cover their bills and just give owner 1k check, or I calculate purhcase price where it will be enought to pay bills, pay taxes owed, pay excise tax, title fees and will have 1k left to owner.

I know for state excise tax escrow pays the state out of the proceeds.

Another note - Tulare County levies a 10% Transient Occupancy Tax on all short-term rentals.  

Getting your Tobyhanna STR PermitTo obtain your Tobyhanna permit, you'll need to  obtain PA Sales and use tax, Monroe County excise tax, and then you can apply for the Tobyhanna Township permit.   

If they levy that they have all 5 star reviews with 0 bad reviews they are simply not telling you the truth because the statistics are at least 1% of guests are going to be dissatisfied with something.

It is odd how our society finds reason to levy more punishment against a sex predator than they do against a murderer.

@Levi T. 

The single thing I do that has the biggest impact on my success is listening (or reading) others' advice and excising good judgement regarding that advice by sorting and acting on the wisdom of others.That's why I came to BiggerPockets.com!

Levi