Jonne Washington
Assignment contracts vs double closing
Hello, I have a question that I need classify on. Can someone explain the difference to mean in wholesaling with a double closing versus an assignment. I’m under the impression that I’m a double closing that you would...
Marti Dowdy
double checking my financing options
Hello I am under contract for a property in mobile al and currently have my primary residence in oregon. The lender I was originally working with ( and originally was looking for a property in OR) is only licensed i...
Robert Hamilton
LLC for Wholesale Double Close
I am fairly new to wholesaling. I would like to use an LLC as the purchaser, then assign my interest to the end buyer at the closing. My question is would I set up the LLC first having it on standby?
Chris T.
HML's: Assign or Double Close?
If I have a house under contract and want to sell to a person who is using a HML, can I assign the contract or would I have to double close?
Kyle Evans
AirBnB Double Taxation in Florida
I have an AirBnB in Okaloosa County, FL. AirBnB automatically remits taxes when a guest books. Their disclaimer states they pay all city, county, and state taxes on our behalf. However, Okaloosa County’s Clerk of Cour...
Anibal Mijangos
Double Close Funding in CA
Although it's not an every deal situation, I'm trying to be prepared for when a double close is needed for a wholesale deal. As someone that doesn't have hundreds of thousands of dollars in liquid capital to purchase ...
Jonne Washington
Double Closing VS. Assigning Contracts
Hello, I have a question that I need classify on. Can someone explain the difference to mean in wholesaling with a double closing versus an assignment. I’m under the impression that I’m a double closing that you would...
Jack S.
Doubling $100k over 2 year
I did this about 4 years ago and used it to build a portfolio of 16 long term letsI have managed to get another £100k from a business sale and I'm going to buy 5 houses for $80k worth $100k and rent them out for 2 yea...
Allen Holmes
Double transfer tax in Philadelphia
Hello everyone, I am a new wholesaler in Philadelphia. I was wondering how the double transfer tax, for assigning contracts, has impacted business, and is there a legal way around it.
Joseph Hernandez
Double Closes and Income Taxes
Newbie question. As a wholesaler, if I utilize a double close, how will this strategy affect my income taxes? What's the bottom line, will I pay more taxes than I would if I did a traditional real estate transaction? ...