Reference irs form 990t instructions and/or work with your CPA— again that would use your SS# as the responsible party.  

For some of my bigger transaction I have used indepenndant escrow agents separate from title company and used unilateral escrow instructions that slant the transaction my way..

If you don't want to pay and talk to an accountant, then pull a copy of the instructions for IRS Form Schedule D.In essence....if you paid $50k and then $20k to rehab the property, then your basis is $70kIf it's a flip, and you sell the property for $100k, then you pay a capital gains tax on the $30k difference.If however, you paid $50k, and recorded $20k as "repair expenses" on your tax return for this year as a deduction, then sold the property for $100k, you would end up having to pay capital gains tax on the $50k because the $20k is not included in the basis (you already expensed it - you can't expense it twice).

If the Buyer demands his own Title Insurance Company then that can be done through the Buyers real estate agent or specific instructions to Escrow.

A lot has to do with what a person wants to do.Personally, before Paul's book, I followed essentially his instructions. 

For anyone with advice or has ever owned/invested in a gas station, I am looking for a mentor that can teach and instruct me of the pitfalls and benefits of buying a gas station.

@Jennie Chen, you'll have your choice in how you instruct your accountant. 

From FS 2008-25.The instructions to the Form 1120S, U.S.

THERE IS LOTS of material to the education and I can not devote as much time doing the training and education co-instruction as someone goes through the courseware.  

Dion, a leasehold interest given for more than one year under an initial agreement or an automatic right to renew by a tenat is passing an equitable interest under federal regulations that allowed and instructed lenders to impliment a due on sale clause.