Hi all,Sold a vacation home in Florida, and as a non-US resident, 15% of sales proceeds were withheld by title company for FIRPTA.

It's basically the same thing as what these other company's charge. 

They just tend to focus on rentals vs buy/sell.Was there a company name?

@Sylvester Hardison Contact a couple independent insurance companies in the town the property is located in and get quotes.

I've been doing some research and came across a company called WholesaleShelfCorporations.com that specializes in providing aged entities.Before making a decision, I would like to hear from those who have actual experience with it.

Only thing I would add is that there are certainly investor friendly T/E companies that have worked with wholesalers before and I would look to use them if it were my first transaction as they can be really helpful in walking you through it once you actually have a deal in place.

Get  a good property management company with rehab capabilities to get numbers that pencil out for success. 

Hey @Sandrene Smart - there are a few companies out there that lend on EMD.

My wife and I will be paying taxes on the gain from the condo but will he have to pay any gain and do we have to hire a 1031 company since nothing will be held in escrow? 

I ended up starting a property management company since most of my clients were investors buying rental properties in Austin, and now I primarily help other investors purchase their investments, and manage them.