How do you prevent having to pay if a buyer backs out last minute in a wholesale deal???

What the IRS is try to prevent is owners getting 'paid' by putting 'sweat equity' into property and not paying tax on it (my understanding of it). 

Sorry to say in Memphis forget trying to prevent it.

Others in the areas of super low priced homes you could find 10 a day.. ( like Detroit).. whether you could sell them who knows..But one things is constant... everyone one runs in 10's   Hey I am a big player I do 10 deals a month..

There is no way to prevent the buyer from knowing your mark-up, nor from trying to negotiate a better price.  

Both those sites are the biggest players in the VA space.  

I mean, I feel like there has to be something preventing a move like this.I have also found documentation on a quitclaim deed transfer and wondered if this, given that the transfer process to the LLC is doable and legal, is the way to go for transferring.If the quitclaim deed transfer is not the way to go, but the transfer process mentioned is something that we can do, what method would you suggest for executing the transfer?

I mean, I feel like there has to be something preventing a move like this.I have also found documentation on a quitclaim deed transfer and wondered if this, given that the transfer process to the LLC is doable and legal, is the way to go for transferring.If the quitclaim deed transfer is not the way to go, but the transfer process mentioned is something that we can do, what method would you suggest for executing the transfer?

This is a way to prevent financial contingency foul-ups for the seller.

Speaking from my biased standpoint, I know the founders and all of the key players of Strongbrook very well and have found them to be a company of integrity.