The Minnesota Department of Revenue (DOR) Nov. 8 issued a final draft of the 2023 Certificate of Rent Paid (CRP) with line instructions, for property tax purposes. Property owners or managing agents must issue one CRP to each adult renter by Jan. 31, 2024, subject to certain conditions. Taxpayers must show that each individual paid an equal amount of rent if multiple renters live in one unit. The DOR provides information on: 1) what constitutes rent; 2) what happens if a taxpayer bought or sold a property during the year; 3) when and to whom the CRPs can be issued; ...
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