If interest rates come down, then we should see more demand for homes, which will increase prices, and have a modest dampening effect on rent growth. 

New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. 

Alternatively, in addition to the per diem in § 17 (Possession) for failure of Seller to timely deliver possession of the Property after Closing occurs, Buyer may elect to treat this Contract as being in full force and effect and Buyer has the right to specific performance or damages, or both.22.

I’ve seen many investor clients use 1031 exchanges effectively.. just be sure to get specialized tax advice.

While it might feel counterintuitive, it can sometimes save you the time and cost of a legal eviction.I’d love to hear from others in the forum..Have you found any creative or cost-effective ways to navigate eviction challenges?

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.

My suggestion would be to select someone with the most forum posts or most reviews.

Then, at death, the property’s basis resets, effectively erasing the accumulated depreciation.

It is a lot more cost effective to have things custom made than to pay 80% import tariff, plus it is local.