Michigan Renters?

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If you live in MI or have lived in MI recently and have rented or are renting a house I have a few questions. One is do you have to have renters insurance? Is it provided for you? Also How do taxes work, you just record what you pay and the land lord pays the land taxes correct? Thanks
I agree MI does suck but you know it does have nice seasons! Always try to be positive!

3 Comments
  1. Reply
    Gem
    June 26, 2011 at 12:38 pm

    Renters insurance is paid by the renter and is not mandatory, but advised. If someone visiting you slips and falls the insurance would help to keep YOU from having to pay. If the place burns down, renters insurance would replace YOUR stuff, your landlords insurance would not pay you anything.

    Yes, the landlord owns the building and they pay the land tax. If you get the statement from the government for the property taxes just mail it to your landlord.

    However, if you make under a certain amount, you can claim Homestead Property Tax Credit on Michigan taxes for a small portion of your rent paid. I believe the Homestead tax credit instructions are included in the tax booklet. Or go to http://www.michigan.gov and search on homestead tax credit

    Michigan sucks.

  2. Reply
    Gerald
    June 26, 2011 at 1:28 pm

    The renter purchases the renters insurance. Renters do not pay property taxes. Nor do they pay the LL for land taxes. Your a renter not an owner…
    By the questions you need to find another place to rent…
    For some eason or another if you pay land taxes you make payments to the county — not the LL
    Always get a rceipt for any money or check written to the LL —NO exceptions–get the receipt and file…

  3. Reply
    Michael S
    June 26, 2011 at 2:09 pm

    Great post! I completely understand your question. Money is hard for a lot of people right now since the enconomy is going down. My friend told me about this website of an organization that gives people up to $ 1500 towards their rent or mortgage. It’s available in most areas, so I think you should check it out.

    http://www.mortgage-rent-help.org

    Hope this helps!

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