There are a lot of first time home buyer tools available online to help you determine that value based on your families income.

Hihttps://www.irs.gov/businesses...According to this IRS guideline, I am supposed to use SSN to file tax return for my LLC (I am the single member of the LLC).

Will IRS be sent a 1098 for cash out refi and will it look the exact same as a regular mortgage?

These questions can help you determine the seller's motivation and possibly give you insight into how flexible they are with current asking price.Best of luck to you on the property tour and deal #1!

Ashley Kehr will go over a wide variety of topics, such as goal setting, partnerships, how to find and fund deals, how to build a team, how to determine what market to invest in, how to analyze deals, and how to make offers & negotiate.

I would need more information about the business plan to determine if it made sense for me.

(Make sure to determine the correct heir.

Michigan has some of the most complicated property taxes in the US.First, Michigan uses the State Equalized Value (SEV) to determine INITIAL Taxable Value.

Many people take payments in cash (waitress, handyman, stripper) and never report that income to the IRS because they don't want to pay taxes.

Once you have financing in place, and it's determined affordable, it seems the rental would work as an 'in the meantime' home until the new build is ready.