Investors & landlords

You should be able to claim the Homestead credit in Michigan.

You can claim this credit if all of the following apply.

  • your homestead is in Michigan
  • You were a resident of Michigan for at least six months during the year
  • You own or are contracted to pay rent and occupy a Michigan homestead on which property taxes were levied
  • if you own your home, your taxable value is 135,000 or less
  • you total household resources are $50,000 or less.

See www.michigan.gov/taxes for more information.

 

 

@Chrisrick61