Everyone's situation is different.Another potential tax savings if fully self employed, with plenty of regular income available, is changing your taxation to be LLC as an S-Corp to save on self employment.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

Thank youI'm not a CPA but yes the taxation is similar.

@Andre Walker No, I think you pay income tax, at whatever tax bracket you wind up hitting.

So, depreciation shelters some of the cash flow from taxation. 

However, its not a horrible idea to talk to other CPAs that may have more experience in real estate taxation. 

I intend to start wholesalingin the US in the next 30-60 days but don't know how to proceed in terms of setting up entities to avoid double taxation and withholds.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

Who specialize in  accounting & taxation specific to Real Estate Biz. for both, Active and Passive Incomes.Thank you in advance!

Some title companies may expect this to be paid and the company to be in "Good Standing" before settlement or some may do it as part of the settlement.Look up SDAT (State Dept of Assessments and Taxation) click business search and then search for the name.