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Updated over 8 years ago on . Most recent reply

Kevin Blakey's profile image
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Kevin Blakey
  • Real Estate Investor
  • from Kent, Ohio
  • Member since Jan 10, 2017
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Kevin Blakey's profile image
Kevin Blakey's profile image
Kevin Blakey
  • Real Estate Investor
  • from Kent, Ohio
  • Member since Jan 10, 2017
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Kevin Blakey
  • Real Estate Investor
  • Kent, OH
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Akron Real Estate Forum

Homstead Exemption as Primary Resident Asset Protection

Kevin Blakey
  • Real Estate Investor
  • Kent, OH
Posted

I've been listening to Garrett Sutton's audiobook, "Loopholes of Real Estate". In it he discusses primary residence asset protection in the form of "Homestead Exemption" which varies by county. When I research this, the Homestead is a tax reduction for lower income or seniors, not an asset protection from creditors as he explains in his book. Does anyone have any insight on this?

Akron, Ohio
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