Good News for Owners of Short-Term Rentals!
The Michigan Court of Appeals held that "where a property otherwise qualifies for the Principal Residence Exception, the fact that a portion of the property is rented out for a portion of the year as an Airbnb or similar use, does not disqualify the property from a 100% PRE." Deforge v Allouez Township, ___ Mich App ___ (2022). But the court left undecided how many days an owner can rent a property and still claim the exemption: "We acknowledge that there maybe a limit to wha