It was apparently condo'ed out which is how the bank retained ownership of it's unit and why there is a management fee to whoever owns the complex.

I still can't believe that I would need to pay transfer taxes if I dissolved a 2 member LLC holding company and retained ownership in the 2 members names. 

I would like to retain long term or would be willing to sell if money was too expensive making the rental unprofitable.Any advice would be greatly appreciated .

Get an Attorney.There is a song with the refrain that "There must be 50 ways to leave your lover" There are more than that when it comes to getting out of a real estate contract.What you need to do is have a real estate attorney review the contract and determine how much of the earnest money, IF ANY, that you may retain as liquidated or agreed damages. 

Thinking that the large workshop and lot size should help retain value.

You retain title but given another seller a note secure by the lots.

After all, you retain all the same rights to sue for delinquent rent regardless of the size of your late fees.

postversion=2006082217)"Indianapolis has retained its status as the most affordable large city in the United States for home buyers and Springfield, Ohio was No. 1 when smaller cities were included in the rankings..."

This includes if the seller is retaining a direct or indirect ownership or possessory interest in theproperty, and/or have a formal or informal option to obtain such as interest in the future."

Hi....everyone, with the increase of gas prices, and the uncetainty of would be homebuyers, is there anyone out there charging retainer fees that can / will be refunded once a home is purchased?