JamesG1
Expert Alumni

Investors & landlords

Is the question on your Federal tax return?  Michigan tax return?  Or some other state tax return?

 

Michigan does have a Homestead Property Tax Credit. 

 

The credit cannot be claimed if total household resources are over $60,000 or if the taxable value of the home exceeds $135,000.  This may explain the assessed value question.

 

See this help.

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