Do you pay taxes or the homeowner?

[Markia Dunn]

Ok so I’m wholesaling. And I was wondering since I will be having a contract with both the homeowner and the cash buyer. Will the cash buyer be in charge of paying the title or “closing cost taxes” since that’s the real buyer? Or will I? Or the homeowner? 

[Rex Celle]

@Markia Dunn I bought from a wholesaler in March 2018 and on the settlement statement at the day of closing, it shows that I as the buyer paid the prorated taxes for the remainder of the year. Wholesaler does not bear the tax burden in the transaction between buy and seller (i.e. home owner) you should be good to go