But we target value add and have some sweat equity in the properties as well, so that may account for my differences 

I currently just started working in Atlanta as a tax associate for a public accounting firm.

Will the escrow or closing agent or attorney  just wire the money to my Canadian bank account  or do I need to run it through an LLC and then into Canadian bank account? 

They really have three choices:Pay the tax right now, pocket what's left.Spread out the tax bill with seller financing.Defer the tax with a 1031, continue to get the income from the replacement, let your heirs take it with the stepped up basis.I've had this discussion with my accountant. 

So if the loan closes and the money is transferred to my account, I am free to do with it as I please?

Check your "Spam" folder on your email account.

Depending on your path you'll need a Realtor, contractor, lender, accountant, mentor, etc....

Account ClosedThanks a lot for the feed back. 

The point is that only the owner of record can transfer the property or there would be a break in the title chain.Taxes are for accountants.

I have been able to obtain a HELOC with Sandy Spring bank, but then learned that I can't use it like a checking accounts.