Tax authorities in Bloomfield Township, Michigan, have revoked the primary residence exemption previously granted to Bill Pulte’s father and stepmother. This action raises concerns over potential violations of tax regulations, as the couple was allegedly claiming primary residency status on two different properties simultaneously. Such practices contravene local tax laws, which stipulate that a property owner can designate only one property as their primary residence for tax benefit purposes. The immediate revocation reflects the township’s stringent oversight on adherence to tax exemption rules.
– **Revocation of Exemption**: Tax officials annulled the primary residence exemption for the Pulte family.
– **Allegations of Dual Claims**: The couple reportedly claimed primary residency on two homes, breaching local regulations.
– **Regulatory Implications**: The revoke highlights the importance of compliance with tax laws concerning residency claims.
– **Oversight on Tax Compliance**: The decision emphasizes strict enforcement of tax rules by local authorities to curb abuses in residency claims.
You can read this full article at: https://wrenews.com/report-bill-pultes-father-and-stepmother-claimed-primary-residence-on-2-different-homes/
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
