Home Buying in Lockport>Question Details

Karen, Home Buyer in Lockport, IL

I am a resident of Illinois, want to buy a second home in Michigan, I have a question on property taxes/rent.

Asked by Karen, Lockport, IL Tue Nov 4, 2008

In buying a second home and not becoming a resident of Michigan will my property taxes be doubled and will I have to claim income if I rent less than 6 months?

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I was just looking at the Michigan property tax rates by county and they differentiate between homestead (which I believe is primary residence) and nonHomestead. The nonHomestead rates appear to be about double. Also, a friend who is an Illinois resident recently purchased a condo in Union pier and was shocked that her taxes were double of what she had expected. No doubt because it was a second home.
0 votes Thank Flag Link Tue Jan 20, 2009
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