Michigan Investors: Can anyone tell me if there are laws, statutes, or other forms of regulation that prohibit activities related to wholesaling in Michigan?
For example:
Are contracts legally assignabl...
Do you guys 1099 your workers? I have been paying cash to my workers and im startign to get worried come tax time.. anyone else have some advice regarding this? I track expenses in an excel sheet but im not sure if t...
Hello,I had to evict a tenant because of excessive noise (all the neighbors complained), having a cat and a dog in the unit which was not allowed under the terms of the lease, and for allowing her friend and her frien...
Hey Fellas and Ladies,
I'm working on an article about lease options and I'm not the pro at these, so I'm wondering:
If you do a lease option on a property, and the furnace goes out, there is...
I just got off of the phone with an escrow agent who said that I am not allowed to fill out a CRA Purchase agreement without a license. They said that they would be able to complete a concurrent close however I would...
I'm wondering what the tax implications are for the heirs of a seller who dies while carrying the note on a seller financed deal.For example, suppose a seller has a fully depreciated asset with a $50k cost basis from ...
Situation: Owner Occupied SFH - Home is in FORECLOSURE - NOD filed months ago, NTS -Notice of Trustee sale filed a few months ago as well.; The property is scheduled to go to sale in a few days (thus its within 5 days...
Hey everyone! My dad and I are at the final stages of purchasing our first rental and are in need of a Property Manager. If anyone has any recommendations/ someone that is available, Let me know! Thank you in advance ...
A FSBO was offered to me with owner financing, but the seller does not own the property free and clear. What are some different options for structuring this type of deal? I told him that I would want financing for a...
Good morning, BP.I've got a first time situation concerning a flip house I have under contract. My plan was originally to use hard money to purchase and flip the home, however, one of the investors in my local group h...