William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
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.
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
Legal and ethical implications: Agents engaging in such practices may face:Legal consequencesLicensing penaltiesEthical violationsThese actions ultimately harm consumers by restricting options and potentially inflating costs.The new system, allowing buyers and their agents to negotiate commissions directly, promotes transparency and fair competition.
Robert Ok
How Many Adjustments Do You See During Comps
15 December 2024 | 0 replies
.** Strictly restricting this for when doing comps between properties in the same sub-division **
Candy Kimbro
Ready for our second deal!
18 December 2024 | 5 replies
It'll restrict that cash flow, but unlock a nice option for the family.
Patrick Pan
How to find concealed eviction records
31 December 2024 | 17 replies
Not sure if that is legal but I agree.
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
And Jerry is a Wyoming attorney, so you can trust his legal advice!
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
However, I’m unsure of the actual process of paying myself as a business owner.Here are some questions I’m hoping to get clarity on:How do you legally and practically pay yourself from your Airbnb income?
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
If they had not moved out, i would have brought in the best attorney available and charged the tenant for the legal costs.
Thomas Lebens
Can a rookie use a DSCR loan for a duplex?
15 December 2024 | 18 replies
There are restrictions such as a maximum LTV lowered by 5% or requiring a higher minimum credit score.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
I also understand accounting and legality may play a role.