Real Estate Law

A 1031 like-kind exchange is a tax-deferral strategy that can be valuable for business owners who want to avoid steep tax bills when selling a property. This is common in commercial real estate transactions. How the 1031 exchange works  A 1031 like-kind exchange...

Investing in residential real estate to flip can be a profitable venture in Michigan, but it requires careful planning and consideration. It can be beneficial to know some of the essential factors to keep in mind before making your investment. Assess the property’s...

Investing wisely is a key aspect of building a robust and diversified portfolio. Multifamily real estate is an enticing option for astute investors. The multifamily sector, characterized by properties with multiple units such as apartment buildings or condominiums,...

Deciding to lease a commercial property in Michigan is a significant step for any business owner. It is an exciting venture that brings the promise of growth, expansion and new opportunities. Not every commercial lease you come across will be in your best interest,...

For individuals interested in investing in real estate, there are plenty of opportunities in Michigan. First, you'll need to decide if you want to purchase residential or commercial property. After that, you build a support team. Finally, you make an offer once you've...

Commercial real estate purchases require Michigan buyers to be at the top of their game if they want to negotiate effectively. You need to feel strong to be strong. Here are some ways to prepare for the challenge. Talk to a lender In residential transactions, real...

Becoming a property owner in Michigan is exciting no matter the type of property or your ownership goals. However, it's important to perform due diligence before you sign a contract, especially if you're investing in commercial real estate. What is due diligence? Few...

Probate can be a confusing process when a Michigan resident dies and the estate's assets include a piece of Michigan real estate that is subject to a mortgage. Other types of debts need to be dealt with as well, both before the estate enters probate and while the...