On Tuesday, January 10, 2017, Governor Rick Snyder signed a bill that allows Landlords to refuse to rent to medical marijuana tenants. Under Senate Bill 72, Section 7(c) of the Michigan Medical Marijuana Act (MCL 333.26427) was amended with the following language: “(c) Nothing in this act shall be construed to require any of the … Read more
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If you are a landlord or tenant in Michigan, it is crucial to understand how the Michigan Medical Marijuana laws affect your rights. At first glance you might think: what does smoking pot have to do with my investment or my tenancy?! From a Landlord’s perspective: If your tenant is a qualified patient, it could … Read more
Why Every Landlord and Tenant Should Have an Attorney. Let’s be honest: Most people don’t WANT an attorney. Most people only hire us when they NEED an attorney. Determining when they NEED an attorney is, for the most part, purely subjective. Until a lawsuit gets filed. Then it becomes objective. And necessary. Today, as I … Read more
A 1031 like kind exchange for real estate is a provision in the IRS tax code that allows a person or entity to defer paying tax on any gain from the sale of real estate. Here’s how it works in a nutshell: Say you own a commercial property or rental home and want to sell. … Read more
