In the spring of 2012, real estate agents in the Ann Arbor area switched to a new sales contract form for people who are buying or selling a home. Here are some of the highlights.
Setting up a corporation or limited liability company (LLC) will reduce your personal liability for business debts. But just filing formation documents with your state government isn't enough. You need to keep a separation between yourself and your business entity. Here's how.
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Michigan has a principal residence exemption that can reduce your property-tax bill. (This used to be called the homestead exemption.) If you qualify, your home will be exempt from a portion school operating taxes. Here's an introduction to how this works.
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