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Re:Michigan Homestead (1 viewing) (1) Guest
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TOPIC: Re:Michigan Homestead
#7280
GelRon (User)
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Michigan Homestead 7 Years, 3 Months ago Karma: 0  
I own a home in Illinois. My daughter lives in Michigan. In order for her to qualify for a mortgage, she needs me to be listed on the deed. If I am a co-owner on title with my daughter, can my daughter claim a MI homestead for the house even though my homestead is in Illinois?
 
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#7299
Sumo (User)
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Re:Michigan Homestead 7 Years, 3 Months ago Karma: 5  
The Michigan Principal Residence Exemption form 2368 only requires the occupant to sign the form. Therefore, you can maintain your IL homestead and your daughter can maintain her MI homestead.
 
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