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 ...

If a Michigan property owner rents part of his or her home, can the property owner still claim 100% principal residence tax exemption (PRE) on the home? Yes, declared the Michigan Court of Appeals in ...

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 ...

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 ...