If it's not going through either of them and they are just handling it then make sure he gets in writing that what ever taxes are owed at the time of this "closing" that the amount owed for taxes will be removed from the purchase price in order to pay the taxes due.

I am going to write that on my white board because I should definitely keep that in my mind every day, "control my investments, track and stay on top of what effects my properties."  

I am not thinking of anything else at the moment of writing this article.

We are building 52 town home rentals ( duplex style in Salisbury) NC picked up another 80 lots in and around Charlotte.

Any pertinent clauses to write into the contract if this works out?

@Adam York, You'll learn to appreciate @Bob Bowling communication style.

It's a ranch style 3/2/2 with around 1,900 sq ft.

I would look at this deal from a worst-case scenario point of view and determine if it still fits into your style of investing.Kenneth R.

I was thoroughly impressed by the writing and the very knowledgable conversations that took place in the comments section afterward.

If the market goes sideways and then down, you'll lose a lot more than a tax write-off for $28,000 in commissions.