Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

Hey @Guan Hong Guo - yes combined income *assuming* all adults are on the lease (as they should be if they're residing in your property).

Investment Info:Single-family residence fix & flip investment.

My biggest concern with house hacking is giving up my primary residence.

My situation currently is I have 1 SFH rental that is owned by my LLC and doing well, and also I'm doing a live-in flip on my primary residence.

Investment Info:Single-family residence buy & hold investment.

Background: was primary residence for 10 years .

Investment Info:Single-family residence wholesale investment.

If it is your primary residence as indicated, just sell it and skip the 1031I Persue all 3 payment options concurrently and see which pans out as your best deal.