In this topic we will cover some of the Minnesota renting or selling of property. Please use the "Reading Material" link for Minnesota reading material.

Student Instructions: Follow the following 2 steps:

Step	Instructions - You should do all of the following (steps 1 - 2)	Links:

Step 1	Read the reading material and answer the questions on this page (scroll down). So before you go to the reading material look at steps 1 and 2 here and at the questions on this page.	Reading Material
Step 2	Take each question below (scroll down) and write a paragraph for each question as part of an essay. Include one paragraph for an introduction and a paragraph for a conclusion. Each paragraph should have at least three complete sentences. Once you have your essay prepared, click on Submit Essay to submit your work one paragraph at a time. You should not go to submit essay until your essay is prepared.	Submit Essay

Most forms are in Adobe Acrobat PDF format. You will need Adobe Reader to view and print these forms. If you do not already have Adobe Reader installed on your computer, you may download the software for free.

Tax Interview Topic MN 4

Introduction - For the introduction part of this essay, you may want to first answer the following three questions with one paragraph each and then come back to fill in the introduction and mention something from each of the three paragraphs.

What are the requirements to qualify for the Homestead Credit Refund? How does a taxpayer also qualify for the special property tax refund? What are the situations that prevent you from qualifying?

What are the requirements to qualify for the Renter's Property Tax Refund? What is the landlord legally required to provide to each tenant by January 31, 2018 so that the tenant will be able to claim the credit?

Minnesota is not in total agreement with IRS tax law when it relates to which items in regards to depreciation of property? Also, when referring to gain or loss on disposition of property, what change in the individual tax situation affects the property basis?

For the conclusion part of this essay, you may mention something from each of the three previous paragraphs and offer an opinion. What do you think about all this? You may want to start this paragraph "In Conclusion..."

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Revised: 01/31/18