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Reply to "Trump removes Fed Governor Lisa Cook"
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[quote=Anonymous][quote=Anonymous]Unless you all think she was running an Ann Arbor Airbnb, it sounds like she purposely had a short term rental permit to keep her $6K annual primary homestead tax deduction while renting out the home. Only recently did she apply for a long term rental permit, which results in the loss of the homestead deduction moving forward, per Detroit News: [quote]Cook has maintained a principal residence exemption on her home in Ann Arbor since 2006. She also has the necessary permits to lease the home in the short term, city officials confirmed this week. Ann Arbor requires homeowners in residential zones like Cook’s to have a PRE in order to obtain a short-term rental permit. More recently, Cook submitted to the city an application to make her property a long-term rental, Ann Arbor Assessor Jerry Markey said Friday. In Georgia, Fulton County records indicate there is no homestead exemption on Cook’s Atlanta condo.[/quote][/quote] You just will not give up. Unbelievable. [/quote]
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