To help you, we have developed a simple tool for gauging your emotional response to some common aspects of rental ownership.

The most extreme example was when I purchased a 60% ownership interest in a $450,000 property for $10,000, that had to close the next day.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

Technology has made remote property ownership very feasible.  

Many investors start with personal ownership and transfer the property to an LLC later, but it depends on your long-term goals and risk tolerance.

Upon the ownership of the note, you could offer DIL with no deficiency to the borrower to leave.

Ask the title company or closing attorney.I would think that trying to move the ownership out of the inherited IRA or change the deed might be considered liquidating the IRA and trigger taxes.

Your understanding is generally correct, but it's important to distinguish between assignment (where the wholesaler doesn't own the property) and double closing (where the wholesaler temporarily takes ownership of the property).

It is an opportunity to increase ownership of great companies with great management at good prices."