Following false social media reports, Michigan Treasury officials are reminding residents that their principal residence exemption does not expire. The PRE, which is separate from the Homestead ...

Of all the costs that you must consider when buying or building a new home, property taxes are often one of the most difficult to comprehend. But understanding how your taxes work is critical. If ...

Longtime Michigan State University trustee Dianne Byrum owns two Michigan homes with her husband and both had a tax exemption for years that allowed the couple to save thousands of dollars on property ...

Q: We put our home on the market and received an offer for the asking price. There seems to be a lot of interest in our home. Do we have to accept it? Can we counter the offer and ask the Buyer to pay ...

An older couple recently sold their home and purchased two Arizona golf-course condominiums with the proceeds – one for their primary residence and another as a rental – and still put some money in ...

The proposed increase to the capital gains inclusion rate makes the principal residence exemption (PRE) more valuable. That’s especially the case for Canadians who own more than one home. “The ...

The Michigan Department of Treasury is reminding Michiganders that a Principal Residence Exemption, known as a PRE, does not expire. Inaccurate posts being shared on social media are claiming that ...

Q: We put our home on the market and received an offer for the asking price. There seems to be a lot of interest in our home. Do we have to accept it? Can we counter the offer and ask the Buyer to pay ...