Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Purchasing a parcel adjacent to my primary residence. I am lost.
I am planning to purchase a parcel the is adjacent to my primary residence in Michigan. I am drafting a grant deed to be signed but, I am not sure what other forms I need to submit to make sure everything is ok. I have spoke to someone at the city hall and they seemed to think I needed a Property Transfer Affadavit and a Principal Residence Exemption Affidavit.
I am just unsure if there are other forms I should be filling out also to make sure that everything is squared away.
How would I go about making the parcel part of my primary residence so that it doesn't get taxed separately and just gets added to my land instead?