All it takes is a 5% downturn and they can lose their shirts.

Does wholesaler have to pay doc stamps on the deed and then end buyer would also pay doc stamps on his deed?

We do this quite frequently with reverse exchanges as transferring membership of the LLC avoids a second real estate closing, associated costs like transfer tax and doc stamps, real estate property tax resets, and it still qualifies as replacement property for 1031.

Yep after too many beers he tripped over the cooler & dropped the 3/4 full 5gallon 12 feet to the NOT GREY stamped cement patio.Then before 'she who rules' got home he decided to power wash the paint off the patio into her prized English garden. 

Your fees are 1.5% to the clerk of courts, 0.7% doc stamps, plus less than $100.

Does anyone have any recommendations for someone who has a good price on a stamped concrete patio?

Buying there from out of state seems like a good way to lose your shirt

I just bought my 1st rental property last year and need some help with what costs to file for tax return.Turbo Tax asking to escrow fees for following categories:Abstract and recording feesLegal fees, title search, document preparationland surveytitle insurance transfer or stamp taxesexpenses you paid for the sellerThese are the expenses on the closing summary:Record deedrecord mortgage mortgage taxbank attorney feeHOA questionnaireflood certification feetitle examtitle insurance (mortgage)title insurance (owner)delivery chargelegal feesapplication feeappraisal feecredit report feewhich categories will the fees on the closing summary fall into?

Send an email with a time stamped picture to the HOA just for reference (no action necessary) but just Incase it becomes an issue, you will have a point of reference or references.2.

“ADVERTISE”Before beginning the rehab (perhaps during final estimates and planning), start advertising the property via a third party or something with a time stamp.