You should check your state's laws but in Florida, the title company makes sure to verify the seller's identity after we open escrow.

You don't need an attorney, down here we usually use title companies to transact the deal.

That was your first and only chance to make a good credible reputation and it is gone.

@Clint Thezan  We  (Rent Branson Vacation rental property management company along side the buyer) have had success this past year in gaining permits from the county to allow an SFH conduct nightly rentals.   

neither the real state attorney hired to create the LLC nor the CPA mentioned anything about tax implications when the company was created, I feel the 'experts' I paid for this services let me down.any recommendations, or options to minimize the amount of money owed?

I was researching Property Management Companies and thinking about buying into a franchise Property Management Company.

There are definitely a lot of wholesalers doing "DTA (Direct To Agent)" but you really need to know what you are doing otherwise if you are just someone who is tying up their deal and wasting their time if you can't properly dispo it, you're going to burn your reputation.

I had the Property Management company start the process and they went through a so called mitigation.

Since they both will own the Holding Company, it will technically remain the same "taxpayers."

The plumbing company gave me a quote and list of what has to be done: "Remove toilet and many ceramic tiles from floor and shower stall.