Doesn't a home owner need to LIVE in the house in order to qualify for Homestead Exemption.
2007-01-17 06:18:04 · 6 answers · asked by Stelaluna 2 in Business & Finance ➔ Renting & Real Estate
if he owns that and another house, he can claim the one he would want on taxes to get it exempted in case something happens (you get an exemption, and I doubt it matters which property, if both are over the exemption worth).
2007-01-17 06:21:11 · answer #1 · answered by Timothy S 3 · 0⤊ 1⤋
Yes, you have to reside in the property otherwise you cannot file for homestead exemption. I would bring this to the attention of the county officials in the state where you live. Perhaps you have been misinformed on this matter.
2007-01-17 06:21:33 · answer #2 · answered by wanninonni 6 · 1⤊ 0⤋
two separate taxing authority's and one will the other will not
2016-05-24 00:38:23 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes, they do. By filing for the exemption, he is claiming that it is his primary residence. But if you are the renter, it doesn't matter to you. You don't pay the property taxes so you can't claim the exemption. My advice is to mind your own business.
2007-01-17 06:24:30 · answer #4 · answered by Blunt Honesty 7 · 0⤊ 1⤋
That's what I always heard. If you report him though, his taxes go up, so your rent will go up to cover the cost.
2007-01-17 06:21:34 · answer #5 · answered by nursesr4evr 7 · 2⤊ 0⤋
that makes sense to me, I think he would have to live there to get that
2007-01-17 06:22:26 · answer #6 · answered by kurticus1024 7 · 1⤊ 0⤋