Minnesota Landlords Face Annual Deadline

duplex owners face state deadlineIt’s almost the end of January, which means Minnesota landlords are facing the deadline for issuing Certificates for Rent Paid (CRPs).

All rental property owners and managers must issue a certificate to anyone who rented from them in the previous year.

The CRPs must be provided by January 31, 2015 if you either paid taxes on the property or made payments in lieu of taxes.

Renters need this form in order to file for what’s often called the “renter’s refund”, more formally called the Homestead Credit Refund and Renter’s Property Tax Refund.

Failure to issue the CRP on time may result in a fine of $100 for each incident, so it’s best to get them done.