For California fellow investors familiar with withholding

[James Zimmerman]

I had to dissolve my 2 member LLC at the end of 2018. Planning on re-acquiring one by year's end or Jan 2020. Anyway, in California, does anyone know what the % of with holding is for a wholesale fee or assignment fee for a sole proprietor? I still have my company name and still have a bank account from my former LLC. So, for example, if I contract with a seller for one amount, and after inspection period, determine that the property is not a good fit for me.

However, I network with hundreds of cash buyers in the area and know I can simply assign my contract rights to another buyer who wants the property for an amount that is $10K above my contracted price. He puts up the EMD and closes. Escrow then cuts the checks. From the $10K I would net for assigning my rights, how nuch of that $10 K would a CA (investor friendly) escrow/title company have to with hold from my $10K now that I am functioning as a Sole Proprietor? Thanks for any feedback!