Can I Pay Homestead Property Taxes If I Co-own With Someone Who Already Has A Homestead?
My father and I are planning to purchase a home where I will be the primary resident, but we will co-own. He pays homestead rates on his current residence and will continue to do so after the purchase. I would like to know if I will be able to pay homestead rates on the purchased property, or does him co-owning negate that possibility. We live in Minneapolis if that makes a difference.
Bryan on Wed, 9th Dec 2009 1:24 pm
Call the township tax assessor and ask. Here in MI you could get a 50% homeowners credit.