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Updated over 1 year ago,
Homesteading a multi family
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!