But there is a decent chance they won't even notice the check is made payable to two people, one of whom is not on the account.

Disadvantages to Delaware and Wyoming- In Delaware, ownership information is disclosed to the state, though not published."

For example, any person employed by a managing broker if the person is limited in property management to any of the following activities: Delivering a lease application, a lease, or any amendment thereof to any person;Receiving a lease application, lease, or amendment thereof, a security deposit, rental payment, or any related payment for delivery to and made payable to the real estate firm or owner;Showing a rental unit to any person, or executing leases or rental agreements, and the employee or retainee is acting under the direct instruction of the owner or designated or managing brokerProviding information about a rental unit, a lease, an application for lease, or a security deposit and rental amounts to any prospective tenant; orAssisting in the performance of property management functions by carrying out administrative, clerical, financial, or maintenance tasks.For more information about these and other Washington property management requirements and exceptions, please contact the Washington Real Estate Commission.

I was just saying that it appears that Dave has to go through a new telephone directory sized book every single year that is loaded with new regulations or changes to this and that and revisions of this and that from everyone's favorite publisher - the IRS.

Do not rely on web-published fee schedules to gauge your costs. 

Slight modification of facts and circumstances (so subtle you may not see it, but a talented CPA will) can, will and does alter the response.Publishing YOUR answer does not mean you are publishing THE answer.

The particulars looked like this: • Sale Price: $135,000 • Down Payment: $10,000 • Original Balance: $125,000 • Terms: 10% interest payable in 360 payments of $1,096.96 per month • Remaining Balance: $121,248.52 • Remaining Term: 306 monthsWe negotiated to pay $92,804 for the full purchase of the remaining 306 monthly payments.

The IRS published a Chief Council Advice regarding this matter:https://www.irs.gov/pub/irs-wd/201504010.pdf

There are no specific guidelines from the IRS and not a lot of published case law on the topic.  

I went through practice exams from a variety of sources: online classes, study guides from different brokers and different practice exam publishers.