@Andrew R. the NRW 91-01: Withholding on Sale of Real Property by Nonresidents is a good link - I went to bookmark it and found I had already done so in 2012 :)My understanding is that it's "withholding" meaning the seller may get some or all of it back once s/he/they file a tax return in Rhode Island for that year.Also a close reading mentions a possible exemption for sellers 55+"In the event that the sale of the property by a nonresident will not be subject to tax under Sections 121 (One-Time Exclusion - Over 55 Principal Residents)... the nonresident seller must make the gain election and file the RI Form 71.3 Election even though no withholding need be made""If the property Martha was selling was her residence and if she otherwise qualified and intends to treat the sale under Section 121 of the Internal Revenue Code (one Time Exclusion Over 55 Principal Residence), she would still have to file the election form 20 days before the closing but would complete the election form and use the special types of transactions area on the back.

@Rachelle R. thank you, I'm glad to be here!

The Independence City Council meetings are broadcast online at http://www.ci.independence.mo.us/City7/VideoEvents , but I don't think there is a way for people to ask questions remotely.The meeting is tonight, 6 September, at 6 PM Central time.Matt R.

There are plenty of opportunities at low or no cost to meet local R/E Investors.

Renee R.

@Christina R. is a fellow Baltimore investor and realtor.

Gulliver R. means "it has to be ok with the (original) seller", rather than the just the wholesaler.

@Chris R.  

Just waiting 3 years for that depreciated market will cost you more than your total profit when you factor taxes, closing costs, depreciation recapture, loss of further depreciation and expense write off, and lost rent (8K a year is nothing to sneeze at)If you really want to sell now then @Ralph R. has the right idea - do a 1031 exchange and shelter the tax.  

@William R.