If you do this, then your wealth will increase over time and experience the power of 72.Good luck!

Partnering can be very powerful. 50% of something is better than 100% of nothing. 

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

@Oleg Enik a lot of county websites offer a tax calculator tool where you can calculate and print a report to reflect the new tax amount based on the sale price, rather than manually trying to calculate it based on the tax Mill rate

@Har Dev Singh KhalsaDebt in real estate is very powerful.

The things that draw power are water heaters, and appliance.

The 1031 exchange is primarily used by smaller, private investors (ie. middle class), removing it or severely capping it will remove an upward mobility tool.

The 'feel good " theories hide the greedy power grab.

There are many with solar power, but they're still connected to the grid.

@Patricia DaSilva 2 tools that can help you determine the STR revenue potential of any property are Airdna and Rabbu.