Property tax bills on your primary residence are exempt from local school district operating tax levies of up to $18 million by using a principal residence exemption (PRE).
Effective Oct. 5, 2017 Michigan has changed some aspects of the law in regards to the PRE.
If a property once entitled to PRE is no longer your primary residence you should file a Request to Rescind Principal Residence Exemption, Form 2602 with the assessor within 90 days of the date the property no longer qualifies.
To ensure that you are in compliance with the changes to the PRE laws, contact your professional at UHY LLP in one of our many locations.
Wednesday, April 24, 2019 | 7:30 AM – 9:30 AM EDT | The Hartford Club