Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

66
Posts
28
Votes
Lisa Wright
  • Real Estate Agent
  • Metro Detroit
28
Votes |
66
Posts

Homesteading a multi family

Lisa Wright
  • Real Estate Agent
  • Metro Detroit
Posted

Hey I am researching the house my sister is renting. She has one of 6 units.  They did an odd lease renewal so I'm suspecting it might go up for sale.  

If she lived there and I moved in to a unit, would we be able to homestead, or not pay the rental tax rates?   Based on the area it would jump up substantially with a sale.

Just pondering and considering reaching out to the owner.  He has owned it for 20 years.  

Thank you!

Loading replies...