So I was just wondering, I don't know if it matters that I'm in PA, but after I get a house under contract for wholesaling, do I take that to a title company so they know I'm buying it or do I wait till I have a buyer that is for sure buying and I get him to sign my end buyer contract, then take both of them to the title company and they'll handle it from there? 

Any way to reduce the distribution amount to account for repairs and property taxes over the years?

The Service is aggressive when it comes to the practice of basis swapping and the fact that the parent wants to sell at a discount and declare tax will need to handled delicately by their CPA. 

@Shannon Young,I would call your local magistrate (or who ever handles evictions in your area) and ask if you have to do an eviction since they are renting a room and not the whole house and follow their recommendation.

Currently at 30% they will be reduced over the next few years starting next year.Financing the systems is trickier for multiple properties as the zero down programs are designed for the person on title in primary residences.

@Deangelo Mack I've got a great Title Company - they handle all kinds of tricky closings with ease. 

As a retired techie, I'm fascinated by new technology and its potential applications.I imagine 3D printing technology will substantially reduce the cost to build stuff, which would be deflationary for the economy.

8.How do you handle evictions and legal fees?

I'm looking for a a calculator, app, or spreadsheet  that can be used to compare whether or not it's worth holding a property for a year to reduced Cap. gains tax or to sell. 

They are building a lot of new housing / apartments because of the metro expansion and it has increased local rents but reduced home appreciation from what I’ve seen.