From what I can read in the tax code it seems possible with the homestead exemption here:This annual exemption is available for “residential property that is occupied by its owner or owners as his or their principal dwelling place, or that is a leasehold interest on which a single family residence is situated, which is occupied as a residence by a person who has an ownership interest therein, legal or equitable or as a lessee, and on which the person is liable for the payment of property taxes

I am sort of asking with a single basic flip example in mind, but I have a potential additional application where I think it could potentially make sense.

I have my listing on Airbnb but I would like to list it on many more and manage them (Expedia, booking, VRBO, etc.) with a single mailbox.

Hello everyone,

I have been reading and looking for the past few years and saving up to start investing.

While looking at multiplexes in my area I am seeing some that say 10 plea but shows it is 2 kitchen with 10 r...

All of my units are single people or young families with 1 young kid, and for the most part, none of them go over the minimum charge per month.

I currently own a single family home in that area that I used to live in and now rent out because I currently live overseas.

The management company will pay me a fixed rent every single month, and then will sub-let to tenants with a markup.

Personally I won't buy a Single family with under $250/month cash flow

Instead of looking for multifamily specifically I am toying with the idea of purchasing a single family and then converting it to multifamily. 

Recently purchased a duplex that has separate gas/electric meters for each unit, but only a single water meter serving both units.