The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Once you know the Taxable Value, you can look up the property tax millage rates, which each city & county sets separately (with voter approval).So, yes, it is very possible for property taxes to jump from $907 to $3200 if the seller has owned the property for quite some time.You can use this tool to estimate your future taxes after they are uncapped: https://www.michigan.gov/taxes/0,4676,7-238-43535_43540---,00.html

It is also flooded with rentals due to active military using their VA loans to buy homes with almost no money down, then converting to rentals when they deploy or transfer to a new base.

I am interested in Transfering a rental property into a Trust.

There are NO personal rights and freedoms without property rights and ownership.  

What is the best way for me to purchase the property from an ownership point of view?

Throughout all the markets we serve, I have had many owners transfer management over to us because they were too involved; their words — not ours. 

They’ve switched ownership a couple times since I started there.I really like village bank up in Blaine as well 

Hello BP community, We are looking for a professional who will advise on how to set up investment properties ownership for a married couple without a Pre-Nuptial agreement.

I transferred that AO policy to Jason Bott.

opportunity, low maintenance on the ownership - good long term buy and hold.